Bright Kindle Resources & Investments (PHS:BKR) Debt-to-Equity : 1.39 (As of Mar. 2024)

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What is Bright Kindle Resources & Investments Debt-to-Equity?

Bright Kindle Resources & Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱1,671.50 Mil. Bright Kindle Resources & Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.00 Mil. Bright Kindle Resources & Investments's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱1,205.99 Mil. Bright Kindle Resources & Investments's debt to equity for the quarter that ended in Mar. 2024 was 1.39.

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 Kindle Resources & Investments's Debt-to-Equity or its related term are showing as below:

PHS:BKR' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.36 Med: 1.66 Max: 1.99
Current: 1.39

During the past 13 years, the highest Debt-to-Equity Ratio of Bright Kindle Resources & Investments was 1.99. The lowest was 1.36. And the median was 1.66.

PHS:BKR's Debt-to-Equity is ranked worse than
81.86% of 612 companies
in the Capital Markets industry
Industry Median: 0.365 vs PHS:BKR: 1.39

Bright Kindle Resources & Investments Debt-to-Equity Historical Data

The historical data trend for Bright Kindle Resources & Investments'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 Kindle Resources & Investments Debt-to-Equity Chart

Bright Kindle Resources & Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.74

1.64

1.44

1.40

1.36

Bright Kindle Resources & Investments 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															1.42	1.40	1.36	1.36	1.39

Competitive Comparison of Bright Kindle Resources & Investments's Debt-to-Equity

For the Capital Markets subindustry, Bright Kindle Resources & Investments'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 Kindle Resources & Investments's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bright Kindle Resources & Investments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bright Kindle Resources & Investments's Debt-to-Equity falls into.

Bright Kindle Resources & Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bright Kindle Resources & Investments'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
	=	(1671.502	+	0)	/	1225.336
	=	1.36

Bright Kindle Resources & Investments'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
	=	(1671.502	+	0)	/	1205.994
	=	1.39

Bright Kindle Resources & Investments (PHS:BKR) 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 Kindle Resources & Investments Debt-to-Equity Related Terms

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Bright Kindle Resources & Investments (PHS:BKR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bright Kindle Resources & Investments Inc (PHS:BKR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8741 Paseo de Roxas, 16th Floor Citibank Tower, Makati City, PHL, 1209

Website

https://www.brightkindle.com

Bright Kindle Resources & Investments Inc is engaged in dealing with all kinds of properties, including investment in bonds and shares of capital stock. The company provides marketing, distribution, technical, collection and selling assistance, and processing services in connection with the operation of RCBC's (Rizal Commercial Banking Corporation) credit card business.