Bright Outdoor Media (BOM:543831) Debt-to-Equity : 0.09 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Bright Outdoor Media Debt-to-Equity?

Bright Outdoor Media's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹129 Mil. Bright Outdoor Media's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹4 Mil. Bright Outdoor Media's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹1,462 Mil. Bright Outdoor Media's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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 Bright Outdoor Media's Debt-to-Equity or its related term are showing as below:

BOM:543831' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 1.11 Max: 1.51
Current: 0.09

During the past 5 years, the highest Debt-to-Equity Ratio of Bright Outdoor Media was 1.51. The lowest was 0.09. And the median was 1.11.

BOM:543831's Debt-to-Equity is ranked better than
92.07% of 845 companies
in the Media - Diversified industry
Industry Median: 0.29 vs BOM:543831: 0.09

Bright Outdoor Media Debt-to-Equity Historical Data

The historical data trend for Bright Outdoor Media'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.

Bright Outdoor Media Debt-to-Equity Chart

Bright Outdoor Media Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

1.51

1.40

1.11

0.34

0.09

Bright Outdoor Media Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			1.11	0.73	0.34	0.02	0.09

Competitive Comparison of Bright Outdoor Media's Debt-to-Equity

For the Advertising Agencies subindustry, Bright Outdoor Media'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.

Bright Outdoor Media's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bright Outdoor Media's Debt-to-Equity distribution charts can be found below:

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

Bright Outdoor Media Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bright Outdoor Media's Debt to Equity Ratio for the fiscal year 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
	=	(129.038	+	3.649)	/	1462.064
	=	0.09

Bright Outdoor Media'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
	=	(129.038	+	3.649)	/	1462.064
	=	0.09

Bright Outdoor Media (BOM:543831) 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.

Bright Outdoor Media Debt-to-Equity Related Terms

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

Bright Outdoor Media (BOM:543831) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bright Outdoor Media Ltd (BOM:543831) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fame Infinity Mall, Off New Link Road, 801, 8th Floor, Crescent Tower, Near Morya House, Andheri (West), Mumbai, MH, IND, 400 053

Website

https://www.brightoutdoor.com

Bright Outdoor Media Ltd is engaged in the business of providing advertising services offering advertising media services consisting of Out of Home media services. The company's array of service hoardings includes Transfer stickers, Railway boards, Railway panels, Promos, full train, Bus panels, Full Bus painting, Toll Naka, Mobile sign trucks, Kiosks, Traffic Booths, Cinema slides, Gantry and Vinyl.

Bright Outdoor Media (BOM:543831) Headlines

No Headlines