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Bram Industry (XTAE:BRAM) Debt-to-Equity : 0.68 (As of Mar. 2024)


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What is Bram Industry Debt-to-Equity?

Bram Industry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪13.40 Mil. Bram Industry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪25.23 Mil. Bram Industry's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₪57.06 Mil. Bram Industry's debt to equity for the quarter that ended in Mar. 2024 was 0.68.

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 Bram Industry's Debt-to-Equity or its related term are showing as below:

XTAE:BRAM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56   Med: 0.87   Max: 1.33
Current: 0.59

During the past 12 years, the highest Debt-to-Equity Ratio of Bram Industry was 1.33. The lowest was 0.56. And the median was 0.87.

XTAE:BRAM's Debt-to-Equity is ranked worse than
59.37% of 347 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs XTAE:BRAM: 0.59

Bram Industry Debt-to-Equity Historical Data

The historical data trend for Bram Industry'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.

Bram Industry Debt-to-Equity Chart

Bram Industry Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.06 1.13 0.73 0.59

Bram Industry 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.64 0.67 0.59 0.68

Competitive Comparison of Bram Industry's Debt-to-Equity

For the Packaging & Containers subindustry, Bram Industry'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.


Bram Industry's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bram Industry's Debt-to-Equity distribution charts can be found below:

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



Bram Industry Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bram Industry's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Bram Industry's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Bram Industry  (XTAE:BRAM) 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.


Bram Industry Debt-to-Equity Related Terms

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


Bram Industry (XTAE:BRAM) Business Description

Traded in Other Exchanges
N/A
Address
Lisbon 7, New Industrial Zone, Sderot, ISR
Bram Industries Ltd is engaged in the development, manufacturing and marketing of injection molding plastic products. The group operates in two segments namely industrial plastic packaging solutions and Take- away. Its products include industrial packaging for the food industry (including salads, meat and dairy industries), disposable dishes and household products such as plastic kitchenware, food storage and storage utensils.

Bram Industry (XTAE:BRAM) Headlines

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