Corporacion Aceros Arequipa (LIM:CORAREC1) Debt-to-Equity : 0.00 (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Corporacion Aceros Arequipa Debt-to-Equity?

Corporacion Aceros Arequipa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S/.0 Mil. Corporacion Aceros Arequipa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S/.0 Mil. Corporacion Aceros Arequipa's Total Stockholders Equity for the quarter that ended in Mar. 2024 was S/.2,786 Mil. Corporacion Aceros Arequipa's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Corporacion Aceros Arequipa's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Corporacion Aceros Arequipa was 1.11. The lowest was 0.31. And the median was 0.51.

LIM:CORAREC1's Debt-to-Equity is not ranked ^*
in the Steel industry.
Industry Median: 0.42
* Ranked among companies with meaningful Debt-to-Equity only.

Corporacion Aceros Arequipa Debt-to-Equity Historical Data

The historical data trend for Corporacion Aceros Arequipa'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.

Corporacion Aceros Arequipa Debt-to-Equity Chart

Corporacion Aceros Arequipa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.11

Corporacion Aceros Arequipa Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.11	N/A	-	-	-

Competitive Comparison of Corporacion Aceros Arequipa's Debt-to-Equity

For the Steel subindustry, Corporacion Aceros Arequipa'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.

Corporacion Aceros Arequipa's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Corporacion Aceros Arequipa's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Corporacion Aceros Arequipa's Debt-to-Equity falls into.

Corporacion Aceros Arequipa Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Corporacion Aceros Arequipa'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
	=	(0	+	0)	/	2737.471
	=	0.00

Corporacion Aceros Arequipa's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0	+	0)	/	2786.13
	=	0.00

Corporacion Aceros Arequipa (LIM:CORAREC1) 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.

Corporacion Aceros Arequipa Debt-to-Equity Related Terms

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

Corporacion Aceros Arequipa (LIM:CORAREC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Corporacion Aceros Arequipa SA (LIM:CORAREC1) » Definitions » Debt-to-Equity

Traded in Other Exchanges

CORAREI1:Peru

Address

Carretera Panamericana Sur Km. 241, Paracas, Pisco, PER

Website

https://www.acerosarequipa.com

Corporacion Aceros Arequipa SA is a Peru-based company that manufactures, distributes, and markets iron, steel, and other metal products. Its product portfolio consists of rebar, flat bars, merchant bars, coils, sheets, tubes, and corrugated sheets, among others. The firm's products are used in construction, mining, heavy metalworking industry, and others. Geographically the majority of its revenue comes from Peru.

Corporacion Aceros Arequipa (LIM:CORAREC1) Headlines

No Headlines