Befesa (Befesa) Debt-to-Equity : 0.83 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Befesa Debt-to-Equity?

Befesa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $40 Mil. Befesa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $734 Mil. Befesa's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $937 Mil. Befesa's debt to equity for the quarter that ended in Mar. 2024 was 0.83.

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

BFSAF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.82 Med: 1.57 Max: 3.9
Current: 0.83

During the past 11 years, the highest Debt-to-Equity Ratio of Befesa was 3.90. The lowest was 0.82. And the median was 1.57.

BFSAF's Debt-to-Equity is ranked worse than
56.56% of 221 companies
in the Waste Management industry
Industry Median: 0.74 vs BFSAF: 0.83

Befesa Debt-to-Equity Historical Data

The historical data trend for Befesa'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.

Befesa Debt-to-Equity Chart

Befesa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.57

1.73

1.12

0.88

0.86

Befesa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.88	0.82	0.87	0.86	0.83

Competitive Comparison of Befesa's Debt-to-Equity

For the Waste Management subindustry, Befesa'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.

Befesa's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Befesa's Debt-to-Equity distribution charts can be found below:

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

Befesa Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Befesa'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
	=	(41.528	+	733.577)	/	898.067
	=	0.86

Befesa's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(40.454	+	733.612)	/	937.258
	=	0.83

Befesa (OTCPK:BFSAF) 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.

Befesa Debt-to-Equity Related Terms

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

Befesa (Befesa) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Befesa SA (OTCPK:BFSAF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0RVK:UK BFSA:Germany

Address

68-70, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2320

Website

https://www.befesa.com

Befesa SA provides sustainable services for the recycling of hazardous residues from the Steel & Aluminium industry. It operates in two business segments: Steel dust recycling services & aluminum salt slags recycling services. In the Steel Dust Recycling segment, the company collects & recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel. The Aluminum Salt Slags recycling services are divided into salt sags & secondary aluminum segments. Its secondary aluminum operations include the collection and recycling of aluminum scrap and other aluminum residues. The geographical segments are Spain, Germany, Netherlands, Belgium, Finland, France, United Kingdom, Italy, & others, out of which the majority is derived from Spain.

Befesa (Befesa) Headlines

From GuruFocus

Francisco Garcia Parames Comments on Befesa

By Sydnee Gatewood Sydnee Gatewood • 05-01-2020