Sendas Distribuidora (Sendas Distribuidora) Debt-to-Equity : 5.36 (As of Mar. 2024)

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What is Sendas Distribuidora Debt-to-Equity?

Sendas Distribuidora's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,181 Mil. Sendas Distribuidora's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3,871 Mil. Sendas Distribuidora's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $943 Mil. Sendas Distribuidora's debt to equity for the quarter that ended in Mar. 2024 was 5.36.

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

ASAI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 5.29 Max: 7.88
Current: 5.36

During the past 7 years, the highest Debt-to-Equity Ratio of Sendas Distribuidora was 7.88. The lowest was 0.48. And the median was 5.29.

ASAI's Debt-to-Equity is ranked worse than
96.4% of 278 companies
in the Retail - Defensive industry
Industry Median: 0.64 vs ASAI: 5.36

Sendas Distribuidora Debt-to-Equity Historical Data

The historical data trend for Sendas Distribuidora'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.

Sendas Distribuidora Debt-to-Equity Chart

Sendas Distribuidora Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.77

7.88

4.37

5.38

5.26

Sendas Distribuidora Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															5.32	5.21	5.33	5.26	5.36

Competitive Comparison of Sendas Distribuidora's Debt-to-Equity

For the Grocery Stores subindustry, Sendas Distribuidora'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.

Sendas Distribuidora's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sendas Distribuidora's Debt-to-Equity distribution charts can be found below:

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

Sendas Distribuidora Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sendas Distribuidora'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
	=	(540.226	+	4433.038)	/	944.937
	=	5.26

Sendas Distribuidora'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
	=	(1181.172	+	3871.24)	/	943.411
	=	5.36

Sendas Distribuidora (NYSE:ASAI) 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.

Sendas Distribuidora Debt-to-Equity Related Terms

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

Sendas Distribuidora (Sendas Distribuidora) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sendas Distribuidora SA (NYSE:ASAI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ASAI:Mexico ASAI3:Brazil

Address

Avenida Ayrton Senna, No. 6,000, Lote 2, Pal 48959, Anexo A, Jacarepagua, Rio De Janeiro, RJ, BRA, 22775-005

Website

https://www.assai.com.br

Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of more than 8,000 items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers (such as grocery stores and neighborhood supermarkets), and individuals. Its stores are located throughout 23 Brazilian states.

Sendas Distribuidora (Sendas Distribuidora) Headlines

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