The Brink's Co (STU:PTY) Debt-to-Equity : 9.72 (As of Mar. 2024)

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What is The Brink's Co Debt-to-Equity?

The Brink's Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €258 Mil. The Brink's Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3,286 Mil. The Brink's Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €365 Mil. The Brink's Co's debt to equity for the quarter that ended in Mar. 2024 was 9.72.

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 The Brink's Co's Debt-to-Equity or its related term are showing as below:

STU:PTY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78 Med: 7.77 Max: 31.07
Current: 9.72

During the past 13 years, the highest Debt-to-Equity Ratio of The Brink's Co was 31.07. The lowest was 0.78. And the median was 7.77.

STU:PTY's Debt-to-Equity is ranked worse than
98.81% of 926 companies
in the Business Services industry
Industry Median: 0.37 vs STU:PTY: 9.72

The Brink's Co Debt-to-Equity Historical Data

The historical data trend for The Brink's Co'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.

The Brink's Co Debt-to-Equity Chart

The Brink's Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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10.05

21.97

26.71

8.34

9.76

The Brink's Co 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															7.58	6.91	7.97	9.76	9.72

Competitive Comparison of The Brink's Co's Debt-to-Equity

For the Security & Protection Services subindustry, The Brink's Co'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.

The Brink's Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, The Brink's Co's Debt-to-Equity distribution charts can be found below:

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

The Brink's Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Brink's Co'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
	=	(319.391	+	3235.451)	/	364.416
	=	9.75

The Brink's Co'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
	=	(258.152	+	3286.332)	/	364.688
	=	9.72

The Brink's Co (STU:PTY) 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.

The Brink's Co Debt-to-Equity Related Terms

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The Brink's Co (STU:PTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The Brink's Co (STU:PTY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BCO:USA PTY:Germany

Address

1801 Bayberry Court, P.O. Box 18100, Richmond, VA, USA, 23226-8100

Website

https://www.brinks.com

The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.