Builders Capital Mortgage (TSXV:BCF) Debt-to-Equity : 0.11 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Builders Capital Mortgage Debt-to-Equity?

Builders Capital Mortgage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$3.30 Mil. Builders Capital Mortgage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Builders Capital Mortgage's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$29.38 Mil. Builders Capital Mortgage's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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 Builders Capital Mortgage's Debt-to-Equity or its related term are showing as below:

TSXV:BCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 0.2
Current: 0.11

During the past 11 years, the highest Debt-to-Equity Ratio of Builders Capital Mortgage was 0.20. The lowest was 0.04. And the median was 0.11.

TSXV:BCF's Debt-to-Equity is ranked better than
89.38% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs TSXV:BCF: 0.11

Builders Capital Mortgage Debt-to-Equity Historical Data

The historical data trend for Builders Capital Mortgage'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.

Builders Capital Mortgage Debt-to-Equity Chart

Builders Capital Mortgage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.20

0.11

Builders Capital Mortgage Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.20	0.22	0.23	0.11

Competitive Comparison of Builders Capital Mortgage's Debt-to-Equity

For the Mortgage Finance subindustry, Builders Capital Mortgage'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.

Builders Capital Mortgage's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Builders Capital Mortgage's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Builders Capital Mortgage's Debt-to-Equity falls into.

Builders Capital Mortgage Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Builders Capital Mortgage'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
	=	(3.3	+	0)	/	29.377
	=	0.11

Builders Capital Mortgage's Debt to Equity Ratio for the quarter 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
	=	(3.3	+	0)	/	29.377
	=	0.11

Builders Capital Mortgage (TSXV:BCF) 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.

Builders Capital Mortgage Debt-to-Equity Related Terms

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

Builders Capital Mortgage (TSXV:BCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Builders Capital Mortgage Corp (TSXV:BCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

260 - 1414 8th Street SW, Calgary, AB, CAN, T2R 1J6

Website

https://www.builderscapital.ca

Builders Capital Mortgage Corp is a mortgage lender providing short?term course-of-construction financing to builders of residential, wood-frame properties in Western Canada. Its investment objective is to generate attractive returns, relative to risk, in order to provide stable and consistent distributions to shareholders while remaining focused on capital preservation and satisfying the criteria mandated for mortgage investment corporations (MIC).

Builders Capital Mortgage (TSXV:BCF) Headlines

No Headlines