Brookfield Business (TSX:BBUC) Debt-to-Equity : 10.38 (As of Dec. 2023)

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What is Brookfield Business Debt-to-Equity?

Brookfield Business's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1,122 Mil. Brookfield Business's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$11,134 Mil. Brookfield Business's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$1,181 Mil. Brookfield Business's debt to equity for the quarter that ended in Dec. 2023 was 10.38.

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 Brookfield Business's Debt-to-Equity or its related term are showing as below:

TSX:BBUC' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.68 Med: 4.64 Max: 37.36
Current: 10.38

During the past 6 years, the highest Debt-to-Equity Ratio of Brookfield Business was 37.36. The lowest was -14.68. And the median was 4.64.

TSX:BBUC's Debt-to-Equity is ranked worse than
99.41% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs TSX:BBUC: 10.38

Brookfield Business Debt-to-Equity Historical Data

The historical data trend for Brookfield Business'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.

Brookfield Business Debt-to-Equity Chart

Brookfield Business Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.16

4.64

-14.68

37.36

10.38

Brookfield Business Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											37.36	71.21	41.80	33.53	10.38

Competitive Comparison of Brookfield Business's Debt-to-Equity

For the Asset Management subindustry, Brookfield Business'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.

Brookfield Business's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Business's Debt-to-Equity distribution charts can be found below:

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

Brookfield Business Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brookfield Business'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
	=	(1121.578	+	11133.938)	/	1180.608
	=	10.38

Brookfield Business'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
	=	(1121.578	+	11133.938)	/	1180.608
	=	10.38

Brookfield Business (TSX:BBUC) 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.

Brookfield Business Debt-to-Equity Related Terms

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

Brookfield Business (TSX:BBUC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Business Corp (TSX:BBUC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BBUC:USA

Address

1055 West Georgia Street, Suite 1500, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7

Website

https://www.bbu.brookfield.com

Brookfield Business Corp is a company established as a vehicle that owns and operates certain services and industrial operations on a global basis and an alternative vehicle for investors who prefer investing in its operations through a corporate structure. Its goal is to generate returns through long-term capital appreciation with a modest distribution yield.