|Bid||16.02 x 1100|
|Ask||16.02 x 800|
|Day's Range||15.53 - 16.13|
|52 Week Range||6.85 - 16.89|
|Beta (5Y Monthly)||1.43|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 04, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.00|
BrightView Holdings, Inc. Announces First Quarter Fiscal 2021 Earnings Release Date, Conference Call and Webcast.
Does the January share price for BrightView Holdings, Inc. ( NYSE:BV ) reflect what it's really worth? Today, we will...
Over the past three months, shares of BrightView Holdings (NYSE:BV) increased by 17.74%. Before having a look at the importance of debt, let us look at how much debt BrightView Holdings has.BrightView Holdings's Debt Based on BrightView Holdings's financial statement as of November 18, 2020, long-term debt is at $1.13 billion and current debt is at $12.30 million, amounting to $1.14 billion in total debt. Adjusted for $157.10 million in cash-equivalents, the company's net debt is at $982.70 million.Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents include cash and any liquid securities with maturity periods of 90 days or less. Total debt equals current debt plus long-term debt minus cash equivalents.Investors look at the debt-ratio to understand how much financial leverage a company has. BrightView Holdings has $3.07 billion in total assets, therefore making the debt-ratio 0.37. As a rule of thumb, a debt-ratio more than one indicates that a considerable portion of debt is funded by assets. A higher debt-ratio can also imply that the company might be putting itself at risk for default, if interest rates were to increase. However, debt-ratios vary widely across different industries. A debt ratio of 25% might be higher for one industry and average for another.Importance Of Debt Debt is an important factor in the capital structure of a company, and can help it attain growth. Debt usually has a relatively lower financing cost than equity, which makes it an attractive option for executives.Interest-payment obligations can impact the cash-flow of the company. Equity owners can keep excess profit, generated from the debt capital, when companies use the debt capital for its business operations.Looking for stocks with low debt-to-equity ratios? Check out Benzinga Pro, a market research platform which provides investors with near-instantaneous access to dozens of stock metrics - including debt-to-equity ratio. Click here to learn more. See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For January 8, 2021 * Recap: Franklin Covey Q1 Earnings(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.