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BellRing Brands (BellRing Brands) Debt-to-Equity

: -2.90 (As of Dec. 2023)
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BellRing Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. BellRing Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $832 Mil. BellRing Brands's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-287 Mil. BellRing Brands's debt to equity for the quarter that ended in Dec. 2023 was -2.90.

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 BellRing Brands's Debt-to-Equity or its related term are showing as below:

BRBR' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.9   Med: -0.43   Max: -0.18
Current: -2.9

During the past 8 years, the highest Debt-to-Equity Ratio of BellRing Brands was -0.18. The lowest was -2.90. And the median was -0.43.

BRBR's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.41 vs BRBR: -2.90

BellRing Brands Debt-to-Equity Historical Data

The historical data trend for BellRing Brands'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.

BellRing Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only - -0.31 -0.20 -2.47 -2.65

BellRing Brands 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 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 Premium Member Only Premium Member Only Premium Member Only -2.55 -2.67 -2.50 -2.65 -2.90

Competitive Comparison

For the Packaged Foods subindustry, BellRing Brands'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.


BellRing Brands Debt-to-Equity Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, BellRing Brands's Debt-to-Equity distribution charts can be found below:

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



BellRing Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BellRing Brands's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

BellRing Brands'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.


BellRing Brands  (NYSE:BRBR) 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.


BellRing Brands Debt-to-Equity Related Terms

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


BellRing Brands (BellRing Brands) Business Description

Traded in Other Exchanges
Address
2503 S. Hanley Road, St. Louis, MO, USA, 63144
BellRing Brands Inc is a United States-based company engaged in providing nutrition-related products. Its brands, Premier Protein, Dymatize, and PowerBar provides various products including ready-to-drink protein shakes, powders, and nutrition bars. The company's products are distributed through a diverse network of channels including club, food, drug and mass, eCommerce, convenience and specialty.
Executives
Robert V Vitale director, officer: Executive Chairman C/O POST HOLDINGS, INC., 2503 SOUTH HANLEY ROAD, ST. LOUIS MO 63144
Elliot Jr Stein director C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Chonda J Nwamu director 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Thomas P Erickson director C/O BELLRING BRANDS, INC., 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Jennifer Kuperman Johnson director C/O BELLRING BRANDS, INC., 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Douglas J Cornille officer: Chief Growth Officer 1222 67TH STREET, SUITE 210, EMERYVILLE CA 94608
Craig L Rosenthal officer: SVP, GC & SECRETARY 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Robin Singh officer: SVP, OPERATIONS OF PNC 1222 67TH STREET, EMERYVILLE CA 94608
Darcy Horn Davenport director, officer: PRES. AND CEO 1222 67TH STREET, SUITE 210, EMERYVILLE CA 94608
Paul A Rode officer: CFO 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Marc S Mollere officer: SVP, INTERNATIONAL C/O BELLRING BRANDS, INC., 2503 S. HANLEY RD, ST. LOUIS MO 63144
Post Holdings, Inc. 10 percent owner 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Jeff A Zadoks director 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Diedre J Gray director C/O POST HOLDINGS, INC., 2503 SOUTH HANLEY ROAD, ST. LOUIS MO 63144
Robert L Partin officer: SVP, SALES OF PNC 1222 67TH STREET, SUITE 210, EMERYVILLE CA 94608