Ambev (ABEV) Debt-to-Equity

: 0.04 (As of Dec. 2023)

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Ambev's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $265 Mil. Ambev's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $450 Mil. Ambev's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $16,117 Mil. Ambev's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

ABEV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.06 Max: 0.12
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Ambev was 0.12. The lowest was 0.04. And the median was 0.06.

ABEV's Debt-to-Equity is ranked better than
84.62% of 182 companies
in the Beverages - Alcoholic industry
Industry Median: 0.38 vs ABEV: 0.04

Ambev Debt-to-Equity Historical Data

The historical data trend for Ambev'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.

Ambev Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.05

0.07

0.04

0.05

0.04

Ambev 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																0.05	0.05	0.05	0.04	0.04

Competitive Comparison

For the Beverages - Brewers subindustry, Ambev'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.

Ambev Debt-to-Equity Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ambev's Debt-to-Equity distribution charts can be found below:

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

Ambev Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ambev'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
	=	(264.929	+	449.61)	/	16116.842
	=	0.04

Ambev'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
	=	(264.929	+	449.61)	/	16116.842
	=	0.04

Ambev (NYSE:ABEV) 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.

Ambev Debt-to-Equity Related Terms

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Ambev (ABEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Ambev SA (NYSE:ABEV) » Definitions » Debt-to-Equity

Traded in Other Exchanges

ABEV:Mexico AMNA:Germany ABEV3:Brazil ABEV:Argentina

Address

Rua Doutor Renato Paes de Barros, 1017, 3rd Floor, Sao Paulo, SP, BRA, 04530-001

Website

https://www.ambev.com.br

Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2022.