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Bulgartabac Holding AD (XBUL:BTH) Debt-to-Equity : 0.30 (As of Dec. 2016)


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What is Bulgartabac Holding AD Debt-to-Equity?

Bulgartabac Holding AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was лв27.5 Mil. Bulgartabac Holding AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was лв66.6 Mil. Bulgartabac Holding AD's Total Stockholders Equity for the quarter that ended in Dec. 2016 was лв315.6 Mil. Bulgartabac Holding AD's debt to equity for the quarter that ended in Dec. 2016 was 0.30.

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

XBUL:BTH's Debt-to-Equity is not ranked *
in the Tobacco Products industry.
Industry Median: 0.26
* Ranked among companies with meaningful Debt-to-Equity only.

Bulgartabac Holding AD Debt-to-Equity Historical Data

The historical data trend for Bulgartabac Holding 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.

Bulgartabac Holding AD Debt-to-Equity Chart

Bulgartabac Holding AD Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial 0.15 0.38 0.25 0.25 0.30

Bulgartabac Holding AD Quarterly Data
Dec09 Dec10 Dec11 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.25 0.26 0.28 0.31 0.30

Competitive Comparison of Bulgartabac Holding AD's Debt-to-Equity

For the Tobacco subindustry, Bulgartabac Holding 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.


Bulgartabac Holding AD's Debt-to-Equity Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Bulgartabac Holding AD's Debt-to-Equity distribution charts can be found below:

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



Bulgartabac Holding AD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bulgartabac Holding AD's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Bulgartabac Holding AD's Debt to Equity Ratio for the quarter that ended in Dec. 2016 is calculated as

* 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.


Bulgartabac Holding AD  (XBUL:BTH) 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.


Bulgartabac Holding AD Debt-to-Equity Related Terms

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


Bulgartabac Holding AD (XBUL:BTH) Business Description

Traded in Other Exchanges
N/A
Address
62 Graf Ignatiev Street, Sofia, BGR, 1000
Bulgartabac Holding AD is a cigarettes manufacturer in Bulgaria. The company is an exporter of processed Virginia, Burley & Oriental tobaccos. It supplies aromatic and semi-aromatic types of tobaccos. Its products include Victory, Class S, Femina Slim, Prestige & Welcome.

Bulgartabac Holding AD (XBUL:BTH) Headlines

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