Burstone Group (JSE:BTN) Debt-to-Equity : 0.93 (As of Sep. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Burstone Group Debt-to-Equity?

Burstone Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R2,045 Mil. Burstone Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R10,137 Mil. Burstone Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R13,046 Mil. Burstone Group's debt to equity for the quarter that ended in Sep. 2023 was 0.93.

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

JSE:BTN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.6 Max: 1.02
Current: 0.93

During the past 12 years, the highest Debt-to-Equity Ratio of Burstone Group was 1.02. The lowest was 0.20. And the median was 0.60.

JSE:BTN's Debt-to-Equity is ranked worse than
61.46% of 672 companies
in the REITs industry
Industry Median: 0.785 vs JSE:BTN: 0.93

Burstone Group Debt-to-Equity Historical Data

The historical data trend for Burstone 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.

* Premium members only.

Burstone Group Debt-to-Equity Chart

Burstone Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.61

1.02

0.77

0.71

0.89

Burstone Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.72	0.71	0.70	0.89	0.93

Competitive Comparison of Burstone Group's Debt-to-Equity

For the REIT - Diversified subindustry, Burstone 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.

Burstone Group's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Burstone Group's Debt-to-Equity distribution charts can be found below:

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

Burstone Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Burstone Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1650.099	+	9890.985)	/	13013.545
	=	0.89

Burstone Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2045.253	+	10137.459)	/	13046.138
	=	0.93

Burstone Group (JSE:BTN) 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.

Burstone Group Debt-to-Equity Related Terms

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

Burstone Group (JSE:BTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Burstone Group Ltd (JSE:BTN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Grayston Drive, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.investecproperty.com

Burstone Group Ltd Formerly Investec Property Fund Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.

Burstone Group (JSE:BTN) Headlines

No Headlines