BILL Holdings (BSP:B2HI34) Debt-to-Equity : 0.30 (As of Mar. 2024)

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What is BILL Holdings Debt-to-Equity?

BILL Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$0 Mil. BILL Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$6,032 Mil. BILL Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R$20,212 Mil. BILL Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.30.

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 BILL Holdings's Debt-to-Equity or its related term are showing as below:

BSP:B2HI34' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.09 Med: 0.46 Max: 1.1
Current: 0.3

During the past 6 years, the highest Debt-to-Equity Ratio of BILL Holdings was 1.10. The lowest was -0.09. And the median was 0.46.

BSP:B2HI34's Debt-to-Equity is ranked worse than
58.36% of 2219 companies
in the Software industry
Industry Median: 0.21 vs BSP:B2HI34: 0.30

BILL Holdings Debt-to-Equity Historical Data

The historical data trend for BILL Holdings'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.

BILL Holdings Debt-to-Equity Chart

BILL Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.43

0.46

0.47

BILL Holdings 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															0.47	0.47	0.46	0.48	0.30

Competitive Comparison of BILL Holdings's Debt-to-Equity

For the Software - Application subindustry, BILL Holdings'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.

BILL Holdings's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, BILL Holdings's Debt-to-Equity distribution charts can be found below:

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

BILL Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BILL Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(655.473	+	8626.282)	/	19832.068
	=	0.47

BILL Holdings'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
	=	(0	+	6031.912)	/	20211.679
	=	0.30

BILL Holdings (BSP:B2HI34) 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.

BILL Holdings Debt-to-Equity Related Terms

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BILL Holdings (BSP:B2HI34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BILL Holdings Inc (BSP:B2HI34) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BILL:USA 0M5:Germany

Address

6220 America Center Drive, Suite 100, San Jose, CA, USA, 95022

Website

https://www.bill.com

BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.

BILL Holdings (BSP:B2HI34) Headlines

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