Mitre Realty Empreendimentos E Participacoes (BSP:MTRE3) Debt-to-Equity : 0.67 (As of Dec. 2023)

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What is Mitre Realty Empreendimentos E Participacoes Debt-to-Equity?

Mitre Realty Empreendimentos E Participacoes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$308.1 Mil. Mitre Realty Empreendimentos E Participacoes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$356.9 Mil. Mitre Realty Empreendimentos E Participacoes's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$990.4 Mil. Mitre Realty Empreendimentos E Participacoes's debt to equity for the quarter that ended in Dec. 2023 was 0.67.

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 Mitre Realty Empreendimentos E Participacoes's Debt-to-Equity or its related term are showing as below:

BSP:MTRE3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.88 Max: 2.88
Current: 0.67

During the past 9 years, the highest Debt-to-Equity Ratio of Mitre Realty Empreendimentos E Participacoes was 2.88. The lowest was 0.05. And the median was 0.88.

BSP:MTRE3's Debt-to-Equity is ranked better than
54.48% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs BSP:MTRE3: 0.67

Mitre Realty Empreendimentos E Participacoes Debt-to-Equity Historical Data

The historical data trend for Mitre Realty Empreendimentos E Participacoes'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.

Mitre Realty Empreendimentos E Participacoes Debt-to-Equity Chart

Mitre Realty Empreendimentos E Participacoes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.93

0.05

0.11

0.51

0.67

Mitre Realty Empreendimentos E Participacoes 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															0.51	0.54	0.57	0.64	0.67

Competitive Comparison of Mitre Realty Empreendimentos E Participacoes's Debt-to-Equity

For the Real Estate - Development subindustry, Mitre Realty Empreendimentos E Participacoes'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.

Mitre Realty Empreendimentos E Participacoes's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitre Realty Empreendimentos E Participacoes's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mitre Realty Empreendimentos E Participacoes's Debt-to-Equity falls into.

Mitre Realty Empreendimentos E Participacoes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitre Realty Empreendimentos E Participacoes'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
	=	(308.076	+	356.862)	/	990.407
	=	0.67

Mitre Realty Empreendimentos E Participacoes'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
	=	(308.076	+	356.862)	/	990.407
	=	0.67

Mitre Realty Empreendimentos E Participacoes (BSP:MTRE3) 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.

Mitre Realty Empreendimentos E Participacoes Debt-to-Equity Related Terms

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

Mitre Realty Empreendimentos E Participacoes (BSP:MTRE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitre Realty Empreendimentos E Participacoes SA (BSP:MTRE3) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Rua Boa Vista 176, 1.subsolo, Sao Paulo, SP, BRA, 1013001

Website

https://www.mitrerealty.com.br

Mitre Realty Empreendimentos E Participacoes SA is a real estate developer and builder. The company builds residential and commercial real estate properties. Its property portfolio includes Haus Miter Perdizes, Roots Freguesia do O, Haus Miter Alto Butanta, Haus Miter Pinheiros, Roots Vila Prudente, Haus Miter Brooklin, Guilhermina Esperanca Roots, Haus Miter Butanta, Haus Miter Vl. Mariana, MaxMiter, Les Champs, Vila Matilde Roots, and Livepark.

Mitre Realty Empreendimentos E Participacoes (BSP:MTRE3) Headlines

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