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Beard Energy Transition Acquisition (Beard Energy Transition Acquisition) Debt-to-Equity : 0.01 (As of Sep. 2023)


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What is Beard Energy Transition Acquisition Debt-to-Equity?

Beard Energy Transition Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.64 Mil. Beard Energy Transition Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Beard Energy Transition Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $67.85 Mil. Beard Energy Transition Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

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 Beard Energy Transition Acquisition's Debt-to-Equity or its related term are showing as below:

BRD.U' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 49
Current: 0.01

During the past 2 years, the highest Debt-to-Equity Ratio of Beard Energy Transition Acquisition was 49.00. The lowest was 0.00. And the median was 0.01.

BRD.U's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs BRD.U: 0.01

Beard Energy Transition Acquisition Debt-to-Equity Historical Data

The historical data trend for Beard Energy Transition Acquisition'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.

Beard Energy Transition Acquisition Debt-to-Equity Chart

Beard Energy Transition Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
- -

Beard Energy Transition Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 0.01

Competitive Comparison of Beard Energy Transition Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Beard Energy Transition Acquisition'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.

Beard Energy Transition Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Beard Energy Transition Acquisition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beard Energy Transition Acquisition's Debt-to-Equity falls into.


Beard Energy Transition Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beard Energy Transition Acquisition'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
=(0 + 0) / 229.947
=0.00

Beard Energy Transition Acquisition'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
=(0.64 + 0) / 67.849
=0.01

* 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.

Beard Energy Transition Acquisition  (NYSE:BRD.U) 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.

Beard Energy Transition Acquisition Debt-to-Equity Related Terms

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Beard Energy Transition Acquisition (Beard Energy Transition Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Beard Energy Transition Acquisition Corp (NYSE:BRD.U) » Definitions » Debt-to-Equity
Comparable Companies
SAMA FLFV FRXB TWLV ALSA CNDB RMGC LCA PLMI FDOC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
595 Madison Avenue, 29th Floor, New York, NY, USA, 10022
Website
https://www.beardacq.com
Beard Energy Transition Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.