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Brighthouse Financial (LTS:0HPH) Debt-to-Equity : 0.64 (As of Dec. 2023)


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What is Brighthouse Financial Debt-to-Equity?

Brighthouse Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Brighthouse Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,156 Mil. Brighthouse Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,943 Mil. Brighthouse Financial's debt to equity for the quarter that ended in Dec. 2023 was 0.64.

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 Brighthouse Financial's Debt-to-Equity or its related term are showing as below:

LTS:0HPH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.28   Max: 0.64
Current: 0.64

During the past 10 years, the highest Debt-to-Equity Ratio of Brighthouse Financial was 0.64. The lowest was 0.19. And the median was 0.28.

LTS:0HPH's Debt-to-Equity is ranked worse than
80.89% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs LTS:0HPH: 0.64

Brighthouse Financial Debt-to-Equity Historical Data

The historical data trend for Brighthouse Financial'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.

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Brighthouse Financial Debt-to-Equity Chart

Brighthouse Financial 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 0.27 0.19 0.20 0.57 0.64

Brighthouse Financial 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 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 0.57 0.55 0.64 0.78 0.64

Competitive Comparison of Brighthouse Financial's Debt-to-Equity

For the Insurance - Life subindustry, Brighthouse Financial'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.


Brighthouse Financial's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Brighthouse Financial's Debt-to-Equity distribution charts can be found below:

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



Brighthouse Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brighthouse Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Brighthouse Financial's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Brighthouse Financial  (LTS:0HPH) 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.


Brighthouse Financial Debt-to-Equity Related Terms

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


Brighthouse Financial (LTS:0HPH) Business Description

Address
11225 North Community House Road, Gragg Building, Charlotte, NC, USA, 28277
Brighthouse Financial Inc is a United States-based provider of annuity products and life insurance through independent distribution channels and marketing arrangements with distribution partners. Its segments are Annuities, Life, and Run-off. It derives a majority of the revenue from the Annuities segment which includes variable, fixed, index-linked and income annuities. The life segment includes variable, term, universal and whole life policies.

Brighthouse Financial (LTS:0HPH) Headlines

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