Bulmetal AD (XBUL:BMTL) Debt-to-Equity : 0.62 (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Bulmetal AD Debt-to-Equity?

Bulmetal AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was лв27.06 Mil. Bulmetal AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was лв13.74 Mil. Bulmetal AD's Total Stockholders Equity for the quarter that ended in Jun. 2024 was лв66.19 Mil. Bulmetal AD's debt to equity for the quarter that ended in Jun. 2024 was 0.62.

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 Bulmetal AD's Debt-to-Equity or its related term are showing as below:

XBUL:BMTL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 0.62 Max: 0.62
Current: 0.62

During the past 0 years, the highest Debt-to-Equity Ratio of Bulmetal AD was 0.62. The lowest was 0.62. And the median was 0.62.

XBUL:BMTL's Debt-to-Equity is ranked worse than
59.44% of 360 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs XBUL:BMTL: 0.62

Bulmetal AD Debt-to-Equity Historical Data

The historical data trend for Bulmetal AD'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.

Bulmetal AD Debt-to-Equity Chart

Bulmetal AD Annual Data

Trend

Debt-to-Equity

Bulmetal AD Quarterly Data
	Jun23	Jun24
Debt-to-Equity	N/A	0.62

Competitive Comparison of Bulmetal AD's Debt-to-Equity

For the Packaging & Containers subindustry, Bulmetal AD'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.

Bulmetal AD's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bulmetal AD's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bulmetal AD's Debt-to-Equity falls into.

Bulmetal AD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bulmetal AD's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Bulmetal AD'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
	=	(27.061	+	13.742)	/	66.19
	=	0.62

Bulmetal AD (XBUL:BMTL) 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.

Bulmetal AD Debt-to-Equity Related Terms

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

Bulmetal AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bulmetal AD (XBUL:BMTL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prohoda St. , Stara Zagora region, Gurkovo municipality, Gurkovo, BGR

Website

https://www.bulmetal.com

Bulmetal AD is a company engaged in producing of light metal packaging in various types of industrial branches. The company's businesses are production and trade of light metal packaging for the food industry, the chemical industry, the construction industry. The company is a supplier of metal packaging to a number of large manufacturers in Europe, in various industrial fields.

Bulmetal AD Headlines

No Headlines