Almacenes Exito (BOG:EXITO) Debt-to-Equity : 0.47 (As of Dec. 2023)

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What is Almacenes Exito Debt-to-Equity?

Almacenes Exito's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was COP1,311,574 Mil. Almacenes Exito's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was COP1,522,590 Mil. Almacenes Exito's Total Stockholders Equity for the quarter that ended in Dec. 2023 was COP6,100,677 Mil. Almacenes Exito's debt to equity for the quarter that ended in Dec. 2023 was 0.46.

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 Almacenes Exito's Debt-to-Equity or its related term are showing as below:

BOG:EXITO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.45 Max: 1.67
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Almacenes Exito was 1.67. The lowest was 0.03. And the median was 0.45.

BOG:EXITO's Debt-to-Equity is ranked better than
58.07% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs BOG:EXITO: 0.47

Almacenes Exito Debt-to-Equity Historical Data

The historical data trend for Almacenes Exito'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.

Almacenes Exito Debt-to-Equity Chart

Almacenes Exito Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.42

0.31

0.44

0.47

Almacenes Exito Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.44	0.61	0.60	0.61	0.47

Competitive Comparison of Almacenes Exito's Debt-to-Equity

For the Department Stores subindustry, Almacenes Exito'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.

Almacenes Exito's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Almacenes Exito's Debt-to-Equity distribution charts can be found below:

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

Almacenes Exito Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Almacenes Exito'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
	=	(1311574	+	1522590)	/	6100677
	=	0.46

Almacenes Exito'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
	=	(1311574	+	1522590)	/	6100677
	=	0.46

Almacenes Exito (BOG:EXITO) 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.

Almacenes Exito Debt-to-Equity Related Terms

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

Almacenes Exito (BOG:EXITO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Almacenes Exito SA (BOG:EXITO) » Definitions » Debt-to-Equity

Traded in Other Exchanges

EXTO:USA 7QX:Germany EXCO32:Brazil

Address

Carrera 48 No. 32 B Sur 139, Avenida Las Vegas, Envigado, COL, 3479

Website

https://www.grupoexito.com.co

Almacenes Exito SA is a Colombian retailer that operates in its homeland and overseas. The company operates stores under Grupo Exito in Colombia; Grupo Pao de Acucar in Brazil; Libertad in Argentina; and Disco, Devoto and Geant chains in Uruguay. Exito has a omnichannel, multiformat, and multibrand model. The company has e-commerce operations in Columbia under www.exito.com, www.carulla.com, and cdiscount.com.co, and in Brazil under Cnova.com. Its store offerings include groceries and food, clothing, home appliances, personal care products, and home-entertainment electronic and digital products.

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