Bright Mountain Media Debt-to-Equity Ratio Growth & History (BMTM)

Bright Mountain Media's debt-to-equity ratio was 0.01 for fiscal 2019.

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Bright Mountain Media annual debt-to-equity ratio history

Bright Mountain Media annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20192019-12-310.01−0.06−86.65%
20182018-12-310.07−8.06−99.17%
20172017-12-318.137.44+1087.02%
20162016-12-310.680.57+523.50%
20152015-12-310.11

Bright Mountain Media debt-to-equity ratio trends

Between the periods ended 2015-12-31 and 2019-12-31, Bright Mountain Media's debt-to-equity ratio decreased from 0.11 to 0.01, a change of −0.10. The latest reported quarter, Q2 2021, shows 69.06.

About the metric

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.

Calculation and source

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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