Borregaard ASA (Borregaard ASA) Debt-to-Equity : 0.49 (As of Mar. 2024)

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What is Borregaard ASA Debt-to-Equity?

Borregaard ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $31.1 Mil. Borregaard ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $192.5 Mil. Borregaard ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $455.6 Mil. Borregaard ASA's debt to equity for the quarter that ended in Mar. 2024 was 0.49.

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 Borregaard ASA's Debt-to-Equity or its related term are showing as below:

BRGAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.44 Max: 0.92
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Borregaard ASA was 0.92. The lowest was 0.20. And the median was 0.44.

BRGAY's Debt-to-Equity is ranked worse than
60.33% of 1389 companies
in the Chemicals industry
Industry Median: 0.36 vs BRGAY: 0.49

Borregaard ASA Debt-to-Equity Historical Data

The historical data trend for Borregaard ASA'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.

Borregaard ASA Debt-to-Equity Chart

Borregaard ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.61

0.55

0.37

0.47

Borregaard ASA 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															0.50	0.63	0.57	0.47	0.49

Competitive Comparison of Borregaard ASA's Debt-to-Equity

For the Specialty Chemicals subindustry, Borregaard ASA'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.

Borregaard ASA's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borregaard ASA's Debt-to-Equity distribution charts can be found below:

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

Borregaard ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Borregaard ASA'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
	=	(23.319	+	191.101)	/	460.216
	=	0.47

Borregaard ASA'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
	=	(31.097	+	192.516)	/	455.612
	=	0.49

Borregaard ASA (GREY:BRGAY) 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.

Borregaard ASA Debt-to-Equity Related Terms

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Borregaard ASA (Borregaard ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Borregaard ASA (GREY:BRGAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BRGO:Sweden BRG:Norway 0QB7:UK BO4:Germany

Address

Hjalmar Wessels vei 6, P.O Box 162, Sarpsborg, NOR, 1701

Website

https://www.borregaard.com

Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products, It has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.