Banco BTG Pactual S.A. (BSP:BPAC3) Debt-to-Equity

: 0.76 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

Banco BTG Pactual S.A.'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$0 Mil. Banco BTG Pactual S.A.'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$37,702 Mil. Banco BTG Pactual S.A.'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$49,382 Mil. Banco BTG Pactual S.A.'s debt to equity for the quarter that ended in Dec. 2023 was 0.76.

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 Banco BTG Pactual S.A.'s Debt-to-Equity or its related term are showing as below:

BSP:BPAC3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.81 Max: 3.44
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Banco BTG Pactual S.A. was 3.44. The lowest was 0.46. And the median was 0.81.

BSP:BPAC3's Debt-to-Equity is ranked worse than
67.05% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs BSP:BPAC3: 0.76

Banco BTG Pactual S.A. Debt-to-Equity Historical Data

The historical data trend for Banco BTG Pactual S.A.'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.

Banco BTG Pactual S.A. Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.81

1.45

0.46

0.61

0.76

Banco BTG Pactual S.A. 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																0.61	0.52	0.53	0.61	0.76

Competitive Comparison

For the Capital Markets subindustry, Banco BTG Pactual S.A.'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.

Banco BTG Pactual S.A. Debt-to-Equity Distribution

For the Capital Markets industry and Financial Services sector, Banco BTG Pactual S.A.'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Banco BTG Pactual S.A.'s Debt-to-Equity falls into.

Banco BTG Pactual S.A. Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banco BTG Pactual S.A.'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	+	37701.586)	/	49381.806
	=	0.76

Banco BTG Pactual S.A.'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
	=	(0	+	37701.586)	/	49381.806
	=	0.76

Banco BTG Pactual S.A. (BSP:BPAC3) 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.

Banco BTG Pactual S.A. Debt-to-Equity Related Terms

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

Banco BTG Pactual S.A. (BSP:BPAC3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Banco BTG Pactual S.A. (BSP:BPAC3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BPAC11:Brazil BPAC5:Brazil

Address

Avenue Brigadeiro Faria Lima, 14th Floor, Sao Paulo, SP, BRA, 3477

Website

https://www.btgpactual.com

Banco BTG Pactual S.A. is a Brazil-based banking firm. The core activities of the company involve investment banking and investment management activities. It also provides corporate lending, brokerage service, commercial, consumer, and merchant banking services. Banco BTG is one of the largest asset management firms in Latin America and has a foreign presence in countries like Mexico, the United Kingdom and the United States. Its product portfolio includes instruments like fixed income, equity, and hedge funds.

Banco BTG Pactual S.A. (BSP:BPAC3) Headlines

No Headlines