BSP Financial Group (ASX:BFL) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is BSP Financial Group Debt-to-Equity?

BSP Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$111 Mil. BSP Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0 Mil. BSP Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,679 Mil. BSP Financial Group's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 BSP Financial Group's Debt-to-Equity or its related term are showing as below:

ASX:BFL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.13 Max: 0.14
Current: 0.07

During the past 3 years, the highest Debt-to-Equity Ratio of BSP Financial Group was 0.14. The lowest was 0.07. And the median was 0.13.

ASX:BFL's Debt-to-Equity is ranked better than
93.1% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs ASX:BFL: 0.07

BSP Financial Group Debt-to-Equity Historical Data

The historical data trend for BSP Financial Group'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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BSP Financial Group Debt-to-Equity Chart

BSP Financial Group Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.14

0.13

0.07

BSP Financial Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.14	-	0.13	-	0.07

Competitive Comparison of BSP Financial Group's Debt-to-Equity

For the Banks - Regional subindustry, BSP Financial Group'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.

BSP Financial Group's Debt-to-Equity Distribution in the Banks Industry

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

* The bar in red indicates where BSP Financial Group's Debt-to-Equity falls into.

BSP Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BSP Financial Group'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
	=	(110.734	+	0)	/	1678.978
	=	0.07

BSP Financial Group'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
	=	(110.734	+	0)	/	1678.978
	=	0.07

BSP Financial Group (ASX:BFL) 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.

BSP Financial Group Debt-to-Equity Related Terms

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

BSP Financial Group (ASX:BFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BSP Financial Group Ltd (ASX:BFL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Klinki Street, Waigani Drive, Section 34, Allotment 6 and 7, Hohola, Port Moresby, PNG, 121

Website

https://www.bsp.com.pg

BSP Financial Group Ltd is a diversified business covering banking, asset finance, life insurance, funds management, and corporate advisory services across the South Pacific and South-East Asia. The company's operating segment includes PNG Bank; Offshore Banks and Non-Bank Entities. It generates a vast majority of its revenues from the PNG Bank segment.

BSP Financial Group (ASX:BFL) Headlines

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