Briscoe Group (NZSE:BGP) Debt-to-Equity : 0.92 (As of Jan. 2024)

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What is Briscoe Group Debt-to-Equity?

Briscoe Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was NZ$19.9 Mil. Briscoe Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was NZ$269.3 Mil. Briscoe Group's Total Stockholders Equity for the quarter that ended in Jan. 2024 was NZ$315.9 Mil. Briscoe Group's debt to equity for the quarter that ended in Jan. 2024 was 0.92.

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

NZSE:BGP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.92 Med: 0.95 Max: 1.13
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of Briscoe Group was 1.13. The lowest was 0.92. And the median was 0.95.

NZSE:BGP's Debt-to-Equity is ranked worse than
63.74% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs NZSE:BGP: 0.92

Briscoe Group Debt-to-Equity Historical Data

The historical data trend for Briscoe 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.

* Premium members only.

Briscoe Group Debt-to-Equity Chart

Briscoe Group Annual Data

Trend

Jan14

Jan15

Jan16

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

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0.95

1.13

0.97

0.92

Briscoe Group Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.97	0.96	0.92	0.91	0.92

Competitive Comparison of Briscoe Group's Debt-to-Equity

For the Department Stores subindustry, Briscoe 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.

Briscoe Group's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Briscoe Group's Debt-to-Equity distribution charts can be found below:

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

Briscoe Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Briscoe Group's Debt to Equity Ratio for the fiscal year that ended in Jan. 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
	=	(19.85	+	269.33)	/	315.868
	=	0.92

Briscoe Group's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(19.85	+	269.33)	/	315.868
	=	0.92

Briscoe Group (NZSE:BGP) 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.

Briscoe Group Debt-to-Equity Related Terms

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Briscoe Group (NZSE:BGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Briscoe Group Ltd (NZSE:BGP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BGP:Australia

Address

1 Taylors Road, Morningside, Auckland, NZL, 1025

Website

https://www.briscoegroup.co.nz

Briscoe Group Ltd is one of New Zealand's retailing groups, operating homeware and sporting goods stores. It operates under three brand names Briscoes Homeware, Living & Giving, and Rebel Sport. The company's operating segments include Homeware and Sporting Goods. Majority of company's revenue is generated from Homeware segment.

Briscoe Group (NZSE:BGP) Headlines

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