BuildDirect.com Technologies (TSXV:BILD) Debt-to-Equity : 2.20 (As of Sep. 2023)

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What is BuildDirect.com Technologies Debt-to-Equity?

BuildDirect.com Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$5.0 Mil. BuildDirect.com Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$13.7 Mil. BuildDirect.com Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$8.5 Mil. BuildDirect.com Technologies's debt to equity for the quarter that ended in Sep. 2023 was 2.20.

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 BuildDirect.com Technologies's Debt-to-Equity or its related term are showing as below:

TSXV:BILD' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.28 Med: 1.69 Max: 2.35
Current: 2.2

During the past 3 years, the highest Debt-to-Equity Ratio of BuildDirect.com Technologies was 2.35. The lowest was -4.28. And the median was 1.69.

TSXV:BILD's Debt-to-Equity is ranked worse than
96.94% of 425 companies
in the Interactive Media industry
Industry Median: 0.16 vs TSXV:BILD: 2.20

BuildDirect.com Technologies Debt-to-Equity Historical Data

The historical data trend for BuildDirect.com Technologies'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.

BuildDirect.com Technologies Debt-to-Equity Chart

BuildDirect.com Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

-4.28

1.19

2.24

BuildDirect.com Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial									1.53	2.24	2.15	2.35	2.20

Competitive Comparison of BuildDirect.com Technologies's Debt-to-Equity

For the Internet Content & Information subindustry, BuildDirect.com Technologies'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.

BuildDirect.com Technologies's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BuildDirect.com Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BuildDirect.com Technologies's Debt-to-Equity falls into.

BuildDirect.com Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BuildDirect.com Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(8.42	+	14.222)	/	10.118
	=	2.24

BuildDirect.com Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(5.025	+	13.662)	/	8.5
	=	2.20

BuildDirect.com Technologies (TSXV:BILD) 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.

BuildDirect.com Technologies Debt-to-Equity Related Terms

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BuildDirect.com Technologies (TSXV:BILD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » BuildDirect.com Technologies Inc (TSXV:BILD) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

BDCTF:USA

Address

200 Granville Street, Suite 90, Vancouver, BC, CAN, V6C 1S4

Website

https://www.builddirect.com

BuildDirect.com Technologies Inc is a marketplace for purchasing and selling building materials online. It has two operating segments, BuildDirect.com and Independent Retailers. The platform connects homeowners and home improvement professionals in North America with suppliers and sellers of quality building materials from around the world, including flooring, tile, decking, and more.

BuildDirect.com Technologies (TSXV:BILD) Headlines

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