Lavoro (Lavoro) Debt-to-Equity : 1.27 (As of Dec. 2023)

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What is Lavoro Debt-to-Equity?

Lavoro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $348 Mil. Lavoro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $112 Mil. Lavoro's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $363 Mil. Lavoro's debt to equity for the quarter that ended in Dec. 2023 was 1.27.

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

LVRO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.62 Max: 1.27
Current: 1.27

During the past 4 years, the highest Debt-to-Equity Ratio of Lavoro was 1.27. The lowest was 0.24. And the median was 0.62.

LVRO's Debt-to-Equity is ranked worse than
88.89% of 216 companies
in the Agriculture industry
Industry Median: 0.35 vs LVRO: 1.27

Lavoro Debt-to-Equity Historical Data

The historical data trend for Lavoro'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.

Lavoro Debt-to-Equity Chart

Lavoro Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

N/A

0.24

0.60

0.62

Lavoro Semi-Annual Data
	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.60	1.20	0.62	1.27

Competitive Comparison of Lavoro's Debt-to-Equity

For the Agricultural Inputs subindustry, Lavoro'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.

Lavoro's Debt-to-Equity Distribution in the Agriculture Industry

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

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

Lavoro Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lavoro's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(207.78	+	29.131)	/	383.237
	=	0.62

Lavoro'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
	=	(348.145	+	111.955)	/	363.343
	=	1.27

Lavoro (NAS:LVRO) 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.

Lavoro Debt-to-Equity Related Terms

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

Lavoro (Lavoro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Lavoro Ltd (NAS:LVRO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Dr. Cardoso de Melo, 1450, 4th floor, office 401, Sao Paulo, SP, BRA, 04548-005

Website

https://www.lavoroagro.com

Lavoro Ltd operates in the agricultural inputs retail market, with operations spread across Brazil and Colombia, and an emergent agricultural input trading company in Uruguay. The reportable segments of the company include the Brazil Cluster, which comprises companies dedicated to the distribution of agricultural inputs such as crop protection, seeds, fertilizers and specialty products, in Brazil; the LATAM Cluster, which includes companies dedicated to the distribution of agricultural inputs outside Brazil (predominantly in Colombia); and the Crop Care Cluster. A substantial part of the company's overall revenue is generated from its Brazil cluster segment.