Becton, Dickinson and Co (XSWX:BDX) Debt-to-Equity : 0.70 (As of Mar. 2024)

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What is Becton, Dickinson and Co Debt-to-Equity?

Becton, Dickinson and Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was CHF1,791 Mil. Becton, Dickinson and Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was CHF14,213 Mil. Becton, Dickinson and Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was CHF22,790 Mil. Becton, Dickinson and Co's debt to equity for the quarter that ended in Mar. 2024 was 0.70.

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 Becton, Dickinson and Co's Debt-to-Equity or its related term are showing as below:

XSWX:BDX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 0.93 Max: 2
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Becton, Dickinson and Co was 2.00. The lowest was 0.62. And the median was 0.93.

XSWX:BDX's Debt-to-Equity is ranked worse than
81.66% of 709 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs XSWX:BDX: 0.70

Becton, Dickinson and Co Debt-to-Equity Historical Data

The historical data trend for Becton, Dickinson and 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.

Becton, Dickinson and Co Debt-to-Equity Chart

Becton, Dickinson and Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.92

0.75

0.74

0.64

0.62

Becton, Dickinson and 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															0.71	0.65	0.62	0.64	0.70

Competitive Comparison of Becton, Dickinson and Co's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, Becton, Dickinson and 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.

Becton, Dickinson and Co's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Becton, Dickinson and Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Becton, Dickinson and Co's Debt-to-Equity falls into.

Becton, Dickinson and Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Becton, Dickinson and Co's Debt to Equity Ratio for the fiscal year 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
	=	(1026.444	+	13258.305)	/	23206.981
	=	0.62

Becton, Dickinson and 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
	=	(1791.418	+	14213.157)	/	22789.924
	=	0.70

Becton, Dickinson and Co (XSWX:BDX) 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.

Becton, Dickinson and Co Debt-to-Equity Related Terms

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Becton, Dickinson and Co (XSWX:BDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Becton, Dickinson and Co (XSWX:BDX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BDX:USA BDX:Mexico 1BDX:Italy BOX:Germany B1DX34:Brazil

Address

1 Becton Drive, Franklin Lakes, NJ, USA, 07417-1880

Website

https://www.bd.com

Becton, Dickinson is the world's largest manufacturer and distributor of medical surgical products, such as needles, syringes, and sharps-disposal units. The company also manufactures pre-filled devices, diagnostic instruments and reagents, as well as flow cytometry and cell-imaging systems. BD Medical is nearly half of the total business, while BD Life Sciences (26% of estimated 2023 revenue) and BD Interventional (25%) account for the remainder. International revenue accounts for 43% of the company's business.