Baker Technology (SGX:BTP) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Baker Technology Debt-to-Equity?

Baker Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$8.01 Mil. Baker Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$8.17 Mil. Baker Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$218.61 Mil. Baker Technology's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Baker Technology's Debt-to-Equity or its related term are showing as below:

SGX:BTP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.07 Max: 0.09
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Baker Technology was 0.09. The lowest was 0.05. And the median was 0.07.

SGX:BTP's Debt-to-Equity is ranked better than
86.88% of 831 companies
in the Oil & Gas industry
Industry Median: 0.44 vs SGX:BTP: 0.07

Baker Technology Debt-to-Equity Historical Data

The historical data trend for Baker Technology'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.

Baker Technology Debt-to-Equity Chart

Baker Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.08

0.09

0.08

0.05

0.07

Baker Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.06	0.05	0.08	0.07

Competitive Comparison of Baker Technology's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Baker Technology'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.

Baker Technology's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baker Technology's Debt-to-Equity distribution charts can be found below:

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

Baker Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baker Technology'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
	=	(8.006	+	8.17)	/	218.613
	=	0.07

Baker Technology's Debt to Equity Ratio for the quarter 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
	=	(8.006	+	8.17)	/	218.613
	=	0.07

Baker Technology (SGX:BTP) 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.

Baker Technology Debt-to-Equity Related Terms

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

Baker Technology (SGX:BTP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baker Technology Ltd (SGX:BTP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Jalan Samulun, Singapore, SGP, 629124

Website

https://www.bakertech.com.sg

Baker Technology Ltd is an investment holding company focused on the offshore oil and gas industry. The company's business segments include Marine offshore, Investments and Corporate. The Marine offshore segment is essentially the company's principal business activity as manufacturers and providers of specialized marine offshore equipment and services for the oil and gas industry. The Investments segment relates to the investments in available-for-sale investments. The Corporate segment is involved in corporate services and treasury functions. The company has its geographical presence in Singapore, Middle East, Asia Pacific and Other regions. The Marine-Offshore segment generates maximum revenue for the company.

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