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BellRing Brands (FRA:D51) Debt-to-Equity : -2.90 (As of Dec. 2023)


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What is BellRing Brands Debt-to-Equity?

BellRing Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. BellRing Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €763 Mil. BellRing Brands's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-263 Mil. BellRing Brands's debt to equity for the quarter that ended in Dec. 2023 was -2.90.

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 BellRing Brands's Debt-to-Equity or its related term are showing as below:

FRA:D51' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.9   Med: -0.43   Max: -0.18
Current: -2.9

During the past 8 years, the highest Debt-to-Equity Ratio of BellRing Brands was -0.18. The lowest was -2.90. And the median was -0.43.

FRA:D51's Debt-to-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.41 vs FRA:D51: -2.90

BellRing Brands Debt-to-Equity Historical Data

The historical data trend for BellRing Brands'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.

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BellRing Brands Debt-to-Equity Chart

BellRing Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial - -0.31 -0.20 -2.47 -2.65

BellRing Brands 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 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 -2.55 -2.67 -2.50 -2.65 -2.90

Competitive Comparison of BellRing Brands's Debt-to-Equity

For the Packaged Foods subindustry, BellRing Brands'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.


BellRing Brands's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BellRing Brands's Debt-to-Equity distribution charts can be found below:

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



BellRing Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BellRing Brands's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

BellRing Brands's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


BellRing Brands  (FRA:D51) 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.


BellRing Brands Debt-to-Equity Related Terms

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BellRing Brands (FRA:D51) Business Description

Traded in Other Exchanges
Address
2503 S. Hanley Road, St. Louis, MO, USA, 63144
BellRing Brands Inc is a United States-based company engaged in providing nutrition-related products. Its brands, Premier Protein, Dymatize, and PowerBar provides various products including ready-to-drink protein shakes, powders, and nutrition bars. The company's products are distributed through a diverse network of channels including club, food, drug and mass, eCommerce, convenience and specialty.

BellRing Brands (FRA:D51) Headlines

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