SSIF BRK Financial Group (BSE:BRK) Debt-to-Equity : 0.81 (As of Jun. 2023)

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What is SSIF BRK Financial Group Debt-to-Equity?

SSIF BRK Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was lei18.58 Mil. SSIF BRK Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was lei28.55 Mil. SSIF BRK Financial Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was lei58.05 Mil. SSIF BRK Financial Group's debt to equity for the quarter that ended in Jun. 2023 was 0.81.

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

BSE:BRK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.87
Current: 0.83

During the past 13 years, the highest Debt-to-Equity Ratio of SSIF BRK Financial Group was 0.87. The lowest was 0.03. And the median was 0.08.

BSE:BRK's Debt-to-Equity is ranked worse than
69.13% of 609 companies
in the Capital Markets industry
Industry Median: 0.38 vs BSE:BRK: 0.83

SSIF BRK Financial Group Debt-to-Equity Historical Data

The historical data trend for SSIF BRK 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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SSIF BRK Financial Group Debt-to-Equity Chart

SSIF BRK Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.04

0.37

0.87

0.83

SSIF BRK Financial Group Quarterly Data
	Dec15	Dec16	Mar17	Dec17	Mar18	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.59	0.87	0.65	0.81	0.83

Competitive Comparison of SSIF BRK Financial Group's Debt-to-Equity

For the Capital Markets subindustry, SSIF BRK 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.

SSIF BRK Financial Group's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SSIF BRK Financial Group's Debt-to-Equity distribution charts can be found below:

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

SSIF BRK Financial Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SSIF BRK 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
	=	(21.084	+	28.395)	/	59.723
	=	0.83

SSIF BRK Financial Group's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(18.577	+	28.547)	/	58.05
	=	0.81

SSIF BRK Financial Group (BSE:BRK) 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.

SSIF BRK Financial Group Debt-to-Equity Related Terms

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

SSIF BRK Financial Group (BSE:BRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SSIF BRK Financial Group SA (BSE:BRK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Calea Motilor No. 119, Cluj-Napoca, ROU, 400045

Website

https://www.brk.ro

SSIF BRK Financial Group SA is a Romania based financial investment services company. It offers services for its retail and institutional clients. It operates in two segments, 1) The intermediary segment refers to all the transaction intermediation services offered to individual investors and companies, as well as to the specialized services offered to institutional clients. 2) Own portfolio management segment.

SSIF BRK Financial Group (BSE:BRK) Headlines

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