Haga Industria E Comercio (BSP:HAGA4) Debt-to-Equity

: -0.39 (As of Dec. 2023)

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Haga Industria E Comercio's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$20.75 Mil. Haga Industria E Comercio's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$0.00 Mil. Haga Industria E Comercio's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$-53.88 Mil. Haga Industria E Comercio's debt to equity for the quarter that ended in Dec. 2023 was -0.39.

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 Haga Industria E Comercio's Debt-to-Equity or its related term are showing as below:

BSP:HAGA4' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.64 Med: -0.54 Max: -0.37
Current: -0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Haga Industria E Comercio was -0.37. The lowest was -0.64. And the median was -0.54.

BSP:HAGA4's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.43 vs BSP:HAGA4: -0.39

Haga Industria E Comercio Debt-to-Equity Historical Data

The historical data trend for Haga Industria E Comercio'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.

Haga Industria E Comercio Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.51

-0.47

-0.43

-0.37

-0.39

Haga Industria E Comercio 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	Get a 7-Day Free Trial															-0.37	-0.37	-0.37	-0.37	-0.39

Competitive Comparison

For the Building Products & Equipment subindustry, Haga Industria E Comercio'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.

Haga Industria E Comercio Debt-to-Equity Distribution

For the Construction industry and Industrials sector, Haga Industria E Comercio's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Haga Industria E Comercio's Debt-to-Equity falls into.

Haga Industria E Comercio Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Haga Industria E Comercio'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
	=	(20.754	+	0)	/	-53.876
	=	-0.39

Haga Industria E Comercio'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
	=	(20.754	+	0)	/	-53.876
	=	-0.39

Haga Industria E Comercio (BSP:HAGA4) 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.

Haga Industria E Comercio Debt-to-Equity Related Terms

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Haga Industria E Comercio (BSP:HAGA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Haga SA Industria E Comercio (BSP:HAGA4) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HAGA3:Brazil

Address

Av Engenheiro Hans Gaiser 26 - Prédio, Nova Friburgo, RJ, BRA, 28625220

Website

http://www.haga.com.br

Haga SA Industria E Comercio is engaged in manufacturing, trading and export of iron and other metal products, among others. Its products include locks and other products generally used in doors. Its objective is to manufacture, trade and export of iron artifacts, metals.

Haga Industria E Comercio (BSP:HAGA4) Headlines

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