Veste Estilo (BSP:VSTE) Debt-to-Equity

: 0.31 (As of Dec. 2023)

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Veste Estilo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$56 Mil. Veste Estilo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$259 Mil. Veste Estilo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$1,033 Mil. Veste Estilo's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 Veste Estilo's Debt-to-Equity or its related term are showing as below:

BSP:VSTE' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.28 Med: 0.55 Max: 5.91
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Veste Estilo was 5.91. The lowest was -3.28. And the median was 0.55.

BSP:VSTE's Debt-to-Equity is ranked better than
68.46% of 1005 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs BSP:VSTE: 0.31

Veste Estilo Debt-to-Equity Historical Data

The historical data trend for Veste Estilo'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.

Veste Estilo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.65

5.91

-3.28

0.31

Veste Estilo 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															0.31	0.29	0.29	0.30	0.31

Competitive Comparison

For the Apparel Retail subindustry, Veste Estilo'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.

Veste Estilo Debt-to-Equity Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Veste Estilo's Debt-to-Equity distribution charts can be found below:

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

Veste Estilo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Veste Estilo'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
	=	(56.153	+	258.638)	/	1032.693
	=	0.30

Veste Estilo'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
	=	(56.153	+	258.638)	/	1032.693
	=	0.30

Veste Estilo (BSP:VSTE) 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.

Veste Estilo Debt-to-Equity Related Terms

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Veste Estilo (BSP:VSTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Veste SA Estilo (BSP:VSTE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Othão, 405, Sao Paulo, SP, BRA, 05313-020

Website

https://www.veste.com

Veste SA Estilo is engaged in apparel industry retailers and high-end accessories in Brazil. The Company's main objectives are: development, exploration of the industry, trade, import and export of clothing and clothing accessories and trading in decorative, hygiene and cosmetic objects, among others. It produces clothes, accessories, footwear, and articles for the home, always in line with contemporary lifestyle, bringing joy, elegance, and well-being to customers under its brands Le Lis, Dudalina, john john, Stew, and Individual. The company focuses on designing, developing, manufacturing, and trading apparel and accessories for women and men.

Veste Estilo (BSP:VSTE) Headlines

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