Sao Martinho (BSP:SMTO3) Debt-to-Equity : 1.09 (As of Dec. 2023)

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What is Sao Martinho Debt-to-Equity?

Sao Martinho's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$793 Mil. Sao Martinho's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$6,294 Mil. Sao Martinho's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$6,480 Mil. Sao Martinho's debt to equity for the quarter that ended in Dec. 2023 was 1.09.

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 Sao Martinho's Debt-to-Equity or its related term are showing as below:

BSP:SMTO3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77 Med: 1.24 Max: 1.56
Current: 1.09

During the past 13 years, the highest Debt-to-Equity Ratio of Sao Martinho was 1.56. The lowest was 0.77. And the median was 1.24.

BSP:SMTO3's Debt-to-Equity is ranked worse than
86.8% of 1394 companies
in the Chemicals industry
Industry Median: 0.35 vs BSP:SMTO3: 1.09

Sao Martinho Debt-to-Equity Historical Data

The historical data trend for Sao Martinho'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.

Sao Martinho Debt-to-Equity Chart

Sao Martinho Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.31

1.56

1.13

1.22

1.24

Sao Martinho 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															1.27	1.24	1.09	1.09	1.09

Competitive Comparison of Sao Martinho's Debt-to-Equity

For the Specialty Chemicals subindustry, Sao Martinho'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.

Sao Martinho's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sao Martinho's Debt-to-Equity distribution charts can be found below:

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

Sao Martinho Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sao Martinho's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1144.364	+	6181.602)	/	5912.363
	=	1.24

Sao Martinho'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
	=	(793	+	6294.383)	/	6479.56
	=	1.09

Sao Martinho (BSP:SMTO3) 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.

Sao Martinho Debt-to-Equity Related Terms

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Sao Martinho (BSP:SMTO3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sao Martinho SA (BSP:SMTO3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000

Website

https://www.saomartinho.com.br

Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.

Sao Martinho (BSP:SMTO3) Headlines

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