Bell Financial Group (ASX:BFG) Debt-to-Equity : 2.61 (As of Dec. 2023)

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What is Bell Financial Group Debt-to-Equity?

Bell Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$615.2 Mil. Bell Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.0 Mil. Bell Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$235.4 Mil. Bell Financial Group's debt to equity for the quarter that ended in Dec. 2023 was 2.61.

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

ASX:BFG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1 Med: 1.89 Max: 2.79
Current: 2.61

During the past 13 years, the highest Debt-to-Equity Ratio of Bell Financial Group was 2.79. The lowest was 1.00. And the median was 1.89.

ASX:BFG's Debt-to-Equity is ranked worse than
90.79% of 608 companies
in the Capital Markets industry
Industry Median: 0.38 vs ASX:BFG: 2.61

Bell Financial Group Debt-to-Equity Historical Data

The historical data trend for Bell Financial Group'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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Bell Financial Group Debt-to-Equity Chart

Bell Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.79

2.16

2.47

2.37

2.61

Bell Financial Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.47	2.63	2.37	2.52	2.61

Competitive Comparison of Bell Financial Group's Debt-to-Equity

For the Capital Markets subindustry, Bell Financial Group'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.

Bell Financial Group's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bell Financial Group's Debt-to-Equity distribution charts can be found below:

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

Bell Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bell Financial Group'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
	=	(615.173	+	0)	/	235.443
	=	2.61

Bell Financial Group'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
	=	(615.173	+	0)	/	235.443
	=	2.61

Bell Financial Group (ASX:BFG) 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.

Bell Financial Group Debt-to-Equity Related Terms

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

Bell Financial Group (ASX:BFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bell Financial Group Ltd (ASX:BFG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 29, 101 Collins Street, Melbourne, VIC, AUS, 3000

Website

https://www.bellfg.com.au

Bell Financial Group Ltd is a capital market service provider. The company is engaged in providing stockbroking, investment, and financial advisory services to private, institutional, and corporate clients. The reporting segments of the company are; Technology & Platforms segment includes Proprietary technology and platforms including online broking, Products & Services segment include Margin lending, Cash, Portfolio Administration, and Superannuation Solutions products and services, Retail segment includes traditional retail client broking (Retail client focus) and Institutional segment includes traditional wholesale client broking (Institutional and Wholesale client focus).

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