Companhia Brasileira de Aluminio (BSP:CBAV3) Debt-to-Equity : 0.83 (As of Jun. 2023)

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What is Companhia Brasileira de Aluminio Debt-to-Equity?

Companhia Brasileira de Aluminio's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was R$188 Mil. Companhia Brasileira de Aluminio's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was R$4,114 Mil. Companhia Brasileira de Aluminio's Total Stockholders Equity for the quarter that ended in Jun. 2023 was R$5,176 Mil. Companhia Brasileira de Aluminio's debt to equity for the quarter that ended in Jun. 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 Companhia Brasileira de Aluminio's Debt-to-Equity or its related term are showing as below:

BSP:CBAV3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53 Med: 0.72 Max: 1.05
Current: 1.05

During the past 7 years, the highest Debt-to-Equity Ratio of Companhia Brasileira de Aluminio was 1.05. The lowest was 0.53. And the median was 0.72.

BSP:CBAV3's Debt-to-Equity is ranked worse than
87.55% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BSP:CBAV3: 1.05

Companhia Brasileira de Aluminio Debt-to-Equity Historical Data

The historical data trend for Companhia Brasileira de Aluminio'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.

Companhia Brasileira de Aluminio Debt-to-Equity Chart

Companhia Brasileira de Aluminio Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.57

1.05

0.93

0.72

1.05

Companhia Brasileira de Aluminio Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.69	0.72	0.74	0.83	1.05

Competitive Comparison of Companhia Brasileira de Aluminio's Debt-to-Equity

For the Aluminum subindustry, Companhia Brasileira de Aluminio'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.

Companhia Brasileira de Aluminio's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Companhia Brasileira de Aluminio's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Companhia Brasileira de Aluminio's Debt-to-Equity falls into.

Companhia Brasileira de Aluminio Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Companhia Brasileira de Aluminio'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
	=	(176.254	+	4506.641)	/	4458.435
	=	1.05

Companhia Brasileira de Aluminio's Debt to Equity Ratio for the quarter 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
	=	(188.443	+	4114.158)	/	5176.111
	=	0.83

Companhia Brasileira de Aluminio (BSP:CBAV3) 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.

Companhia Brasileira de Aluminio Debt-to-Equity Related Terms

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Companhia Brasileira de Aluminio (BSP:CBAV3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Companhia Brasileira de Aluminio SA (BSP:CBAV3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Eusebio Matoso, 1375 - 12 Andar Conj 1001, Pinheiros, Sao Paulo, SP, BRA, 05423-18

Website

https://www.cba.com.br

Companhia Brasileira de Aluminio SA is engaged in the exploration of bauxite mining in Brazil, producing and/or trading bauxite, alumina, primary aluminum, and semi-fabricated products in Brazil and abroad. The Company has a wide product range, such as ingots, billets, plates, coils, foil, and extruded products. The company has three operating segments; the Aluminum segment comprises the operations of the aluminum production chain, from bauxite mining to the production of primary and downstream products, the Energy segment; Comprises the sale of surplus energy to the market only, and the Nickel segment; considers the operations of the Nickel and Legado Verdes do Cerrado Plants.

Companhia Brasileira de Aluminio (BSP:CBAV3) Headlines

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