Atlanta Braves Holdings (Atlanta Braves Holdings) Debt-to-Equity : 1.27 (As of Dec. 2023)

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What is Atlanta Braves Holdings Debt-to-Equity?

Atlanta Braves Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $42.2 Mil. Atlanta Braves Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $630.7 Mil. Atlanta Braves Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $528.6 Mil. Atlanta Braves Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.27.

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 Atlanta Braves Holdings's Debt-to-Equity or its related term are showing as below:

BATRA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85 Med: 1.53 Max: 2.36
Current: 1.27

During the past 8 years, the highest Debt-to-Equity Ratio of Atlanta Braves Holdings was 2.36. The lowest was 0.85. And the median was 1.53.

BATRA's Debt-to-Equity is ranked worse than
82.39% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs BATRA: 1.27

Atlanta Braves Holdings Debt-to-Equity Historical Data

The historical data trend for Atlanta Braves Holdings'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.

Atlanta Braves Holdings Debt-to-Equity Chart

Atlanta Braves Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.47

2.30

2.36

2.17

1.27

Atlanta Braves Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.17	2.35	3.06	1.18	1.27

Competitive Comparison of Atlanta Braves Holdings's Debt-to-Equity

For the Entertainment subindustry, Atlanta Braves Holdings'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.

Atlanta Braves Holdings's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Atlanta Braves Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Atlanta Braves Holdings's Debt-to-Equity falls into.

Atlanta Braves Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlanta Braves Holdings'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
	=	(42.153	+	630.702)	/	528.597
	=	1.27

Atlanta Braves Holdings's Debt to Equity Ratio for the quarter 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
	=	(42.153	+	630.702)	/	528.597
	=	1.27

Atlanta Braves Holdings (NAS:BATRA) 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.

Atlanta Braves Holdings Debt-to-Equity Related Terms

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

Atlanta Braves Holdings (Atlanta Braves Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Atlanta Braves Holdings Inc (NAS:BATRA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BATRB:USA BATRK:USA E450:Germany E45:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

https://www.bravesholdings.com

Atlanta Braves Holdings Inc is a holding company. It operates through its wholly-owned subsidiary, which is the owner and operator of the Atlanta Braves Major League Baseball Club and the mixed-use real estate development, The Battery Atlanta, and is the operator of the Atlanta Braves Major League Baseball Club's stadium, Truist Park.

Executives

Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
David E Rapley	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Berkshire Hathaway Inc	10 percent owner	3555 FARNAM STREET, OMAHA NE 68131
Renee L Wilm	officer: Chief Legal Officer	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Brian J Wendling	officer: CAO/PFO	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
R. Ted Weschler,	other: Member of 10% owner group	404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE VA 22902
Robert R Bennett	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Warren E Buffett	10 percent owner	3555 FARNAM ST, STE 1440, OMAHA NE 68131
Albert E Rosenthaler	officer: Chief Corp. Dev. Officer	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
John C Malone	director, 10 percent owner, officer: Chairman of the Board	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei	director, officer: President, CEO	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian Deevy	director	C/O TICKETMASTER, 8800 WEST SUNSET BLVD., WEST HOLLYWOOD CA 90069