Banco Bmg (BSP:BMGB4) Debt-to-Equity : 1.23 (As of Jun. 2023)

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What is Banco Bmg Debt-to-Equity?

Banco Bmg's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was R$0 Mil. Banco Bmg's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was R$4,991 Mil. Banco Bmg's Total Stockholders Equity for the quarter that ended in Jun. 2023 was R$4,066 Mil. Banco Bmg's debt to equity for the quarter that ended in Jun. 2023 was 1.23.

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 Banco Bmg's Debt-to-Equity or its related term are showing as below:

BSP:BMGB4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 1.25 Max: 1.53
Current: 1.23

During the past 6 years, the highest Debt-to-Equity Ratio of Banco Bmg was 1.53. The lowest was 0.58. And the median was 1.25.

BSP:BMGB4's Debt-to-Equity is ranked worse than
70.76% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs BSP:BMGB4: 1.23

Banco Bmg Debt-to-Equity Historical Data

The historical data trend for Banco Bmg'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.

Banco Bmg Debt-to-Equity Chart

Banco Bmg Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.30

0.58

1.53

0.99

1.29

Banco Bmg Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															1.02	1.53	1.29	1.44	1.23

Competitive Comparison of Banco Bmg's Debt-to-Equity

For the Banks - Regional subindustry, Banco Bmg'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.

Banco Bmg's Debt-to-Equity Distribution in the Banks Industry

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

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

Banco Bmg Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banco Bmg's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	5274.962)	/	4099.763
	=	1.29

Banco Bmg'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
	=	(0	+	4990.896)	/	4066.292
	=	1.23

Banco Bmg (BSP:BMGB4) 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.

Banco Bmg Debt-to-Equity Related Terms

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

Banco Bmg (BSP:BMGB4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Bmg SA (BSP:BMGB4) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Avenida Presidente Juscelino Kubitscheck, 1830, 10th Floor, Tower 2, Vila Nova Conceicao, Sao Paulo, SP, BRA, CEP 04543-900

Website

https://www.bancobmg.com.br

Banco Bmg SA BMG is a Brazilian company that operates as a multiple service bank with commercial and credit, financing and investment portfolios. The company operates in three segments: Retail Banking, Wholesale Banking and Insurance. The majority of the revenue is generated from the retail banking segment.

Banco Bmg (BSP:BMGB4) Headlines

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