GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brompton Split Banc Corp (TSX:SBC) » Definitions » Debt-to-Equity

Brompton Split Banc (TSX:SBC) Debt-to-Equity : 0.00 (As of Jun. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Brompton Split Banc Debt-to-Equity?

Brompton Split Banc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Brompton Split Banc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Brompton Split Banc's Total Stockholders Equity for the quarter that ended in Jun. 2024 was C$172.29 Mil. Brompton Split Banc's debt to equity for the quarter that ended in Jun. 2024 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Brompton Split Banc's Debt-to-Equity or its related term are showing as below:

TSX:SBC's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

Brompton Split Banc Debt-to-Equity Historical Data

The historical data trend for Brompton Split Banc's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brompton Split Banc Debt-to-Equity Chart

Brompton Split Banc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Brompton Split Banc Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Brompton Split Banc's Debt-to-Equity

For the Asset Management subindustry, Brompton Split Banc's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Brompton Split Banc's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brompton Split Banc's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Brompton Split Banc's Debt-to-Equity falls into.


Brompton Split Banc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brompton Split Banc's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 182.702
=0.00

Brompton Split Banc's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 172.29
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Brompton Split Banc  (TSX:SBC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Brompton Split Banc Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Brompton Split Banc's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Brompton Split Banc Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brompton Split Banc Corp (TSX:SBC) » Definitions » Debt-to-Equity
Comparable Companies
TSX:URB.A TSX:OLY TSXV:TINY TSX:GDV TSX:PTI.UN TSX:DF TSX:DGS TSX:ENS TSX:RCG TSX:STCK BLK BX KKR APO TSX:BN OSTO:INVE A AMP LSE:III XSWX:PGHN ARES
Traded in Other Exchanges
SBC.PR.A.PFD:Canada
Address
181 Bay Street, Suite 2930, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Website
https://www.bromptongroup.com
Brompton Split Banc Corp is a Canadian-based mutual fund corporation that invests in a common share portfolio of Canadian banks. Its investment objective for preferred shareholders holders is to provide fixed, cumulative, preferential quarterly cash distributions and to return the original issue price at maturity, and for class A shares holders are to provide monthly cash distributions and the opportunity for growth in Net Asset Value per share. Its products include ETFs, Split share Corps, Preferred Shares, and other TSX-traded funds.