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Beluga NV (XBRU:BELU) Debt-to-Equity : 0.04 (As of Jun. 2023)


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What is Beluga NV Debt-to-Equity?

Beluga NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.03 Mil. Beluga NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.14 Mil. Beluga NV's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €4.07 Mil. Beluga NV's debt to equity for the quarter that ended in Jun. 2023 was 0.04.

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 Beluga NV's Debt-to-Equity or its related term are showing as below:

XBRU:BELU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.37
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Beluga NV was 0.37. The lowest was 0.04. And the median was 0.07.

XBRU:BELU's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs XBRU:BELU: 0.04

Beluga NV Debt-to-Equity Historical Data

The historical data trend for Beluga NV'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.

Beluga NV Debt-to-Equity Chart

Beluga NV Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.31 0.25 0.07 0.06

Beluga NV Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Jun23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.06 - 0.05 0.04

Competitive Comparison of Beluga NV's Debt-to-Equity

For the Asset Management subindustry, Beluga NV'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.


Beluga NV's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Beluga NV's Debt-to-Equity distribution charts can be found below:

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



Beluga NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beluga NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Beluga NV's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

* 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.


Beluga NV  (XBRU:BELU) 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.


Beluga NV Debt-to-Equity Related Terms

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


Beluga NV (XBRU:BELU) Business Description

Traded in Other Exchanges
N/A
Address
Rue du Baillois 43, Rixensart, BEL, B-1330
Beluga NV is a Belgium-based investment company engaged in acquiring and managing a diversified portfolio of shares with a majority focus on private equity investments.

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