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Aluminium Bahrain BSC (BAH:ALBH) Debt-to-Equity : 0.34 (As of Mar. 2024)


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What is Aluminium Bahrain BSC Debt-to-Equity?

Aluminium Bahrain BSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BHD216 Mil. Aluminium Bahrain BSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BHD388 Mil. Aluminium Bahrain BSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was BHD1,795 Mil. Aluminium Bahrain BSC's debt to equity for the quarter that ended in Mar. 2024 was 0.34.

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 Aluminium Bahrain BSC's Debt-to-Equity or its related term are showing as below:

BAH:ALBH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.44   Max: 1
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Aluminium Bahrain BSC was 1.00. The lowest was 0.05. And the median was 0.44.

BAH:ALBH's Debt-to-Equity is ranked worse than
67.9% of 1302 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BAH:ALBH: 0.34

Aluminium Bahrain BSC Debt-to-Equity Historical Data

The historical data trend for Aluminium Bahrain BSC'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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Aluminium Bahrain BSC Debt-to-Equity Chart

Aluminium Bahrain BSC 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 0.94 0.96 0.62 0.35 0.33

Aluminium Bahrain BSC 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 0.44 0.41 0.39 0.33 0.34

Competitive Comparison of Aluminium Bahrain BSC's Debt-to-Equity

For the Aluminum subindustry, Aluminium Bahrain BSC'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.


Aluminium Bahrain BSC's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium Bahrain BSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aluminium Bahrain BSC's Debt-to-Equity falls into.



Aluminium Bahrain BSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aluminium Bahrain BSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Aluminium Bahrain BSC'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.


Aluminium Bahrain BSC  (BAH:ALBH) 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.


Aluminium Bahrain BSC Debt-to-Equity Related Terms

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


Aluminium Bahrain BSC (BAH:ALBH) Business Description

Traded in Other Exchanges
Address
94 Road, King Hamad Highway, Building 150, Block 951, P.O. Box 570, Askar, BHR
Aluminium Bahrain BSC manufactures aluminum and aluminum related products. The company owns and operates aluminum smelter where it produces Extrusion Billets, Foundry Alloy Ingots Propertzi and Standard Ingot Form, Rolling Slabs, Tee and Standard Ingots and Liquid Metal. The other products of the company are anodes, water, power, and calcined coke.

Aluminium Bahrain BSC (BAH:ALBH) Headlines

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