Brisanet Participacoes (BSP:BRIT3) Debt-to-Equity : 0.83 (As of Dec. 2023)

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What is Brisanet Participacoes Debt-to-Equity?

Brisanet Participacoes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$129 Mil. Brisanet Participacoes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$1,116 Mil. Brisanet Participacoes's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$1,505 Mil. Brisanet Participacoes's debt to equity for the quarter that ended in Dec. 2023 was 0.83.

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

BSP:BRIT3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83 Med: 1.58 Max: 5.39
Current: 0.83

During the past 6 years, the highest Debt-to-Equity Ratio of Brisanet Participacoes was 5.39. The lowest was 0.83. And the median was 1.58.

BSP:BRIT3's Debt-to-Equity is ranked worse than
58.55% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs BSP:BRIT3: 0.83

Brisanet Participacoes Debt-to-Equity Historical Data

The historical data trend for Brisanet Participacoes'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.

Brisanet Participacoes Debt-to-Equity Chart

Brisanet Participacoes Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.55

5.39

0.84

0.97

0.83

Brisanet Participacoes Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.97	0.87	0.83	0.83	0.83

Competitive Comparison of Brisanet Participacoes's Debt-to-Equity

For the Telecom Services subindustry, Brisanet Participacoes'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.

Brisanet Participacoes's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Brisanet Participacoes's Debt-to-Equity distribution charts can be found below:

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

Brisanet Participacoes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brisanet Participacoes'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
	=	(129.41	+	1116.406)	/	1504.507
	=	0.83

Brisanet Participacoes'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
	=	(129.41	+	1116.406)	/	1504.507
	=	0.83

Brisanet Participacoes (BSP:BRIT3) 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.

Brisanet Participacoes Debt-to-Equity Related Terms

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

Brisanet Participacoes (BSP:BRIT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Brisanet Participacoes SA (BSP:BRIT3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Highway CE 138 KM 14, s/n, Pereiro, CE, BRA, 63460-000

Website

https://www.brisanet.com.br

Brisanet Participacoes SA offers broadband, fixed telephony, cable TV, and mobile telephony services in Brazil. It includes the provision of telecommunication services such as MCS (Multimedia Communication Service);equipment rental; IT services; radio and optical fiber network installation services.

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