Braskem SA Debt-to-Equity Ratio Growth & History (BAK)
Braskem SA's debt-to-equity ratio was 11.57 for fiscal 2023.
View full Braskem SA company overviewBraskem SA annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 11.57 | 6.11 | +111.93% |
| 2022 | 2022-12-31 | 5.46 | 0.62 | +12.80% |
| 2021 | 2021-12-31 | 4.84 | — | — |
| 2019 | 2019-12-31 | 6.49 | 2.66 | +69.49% |
| 2018 | 2018-12-31 | 3.83 | 0.12 | +3.23% |
| 2017 | 2017-12-31 | 3.71 | −4.81 | −56.48% |
| 2016 | 2016-12-31 | 8.52 | — | — |
Braskem SA quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2023 | 2023-12-31 | 11.57 | 6.11 | +111.93% |
| Q4 2022 | 2022-12-31 | 5.46 | 0.62 | +12.80% |
| Q4 2021 | 2021-12-31 | 4.84 | — | — |
| Q3 2021 | 2021-09-30 | 3.02 | — | — |
| Q4 2019 | 2019-12-31 | 6.49 | 2.66 | +69.49% |
| Q4 2018 | 2018-12-31 | 3.83 | — | — |
Braskem SA debt-to-equity ratio trends
Over the last five fiscal years, Braskem SA's debt-to-equity ratio increased from 3.83 to 11.57, a change of 7.74. The latest reported quarter, Q4 2023, shows 11.57.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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