SYN Prop E Tech (BSP:SYNE3) Debt-to-Equity

: 0.65 (As of Dec. 2023)

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SYN Prop E Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$27.4 Mil. SYN Prop E Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$956.4 Mil. SYN Prop E Tech's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$1,516.3 Mil. SYN Prop E Tech's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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 SYN Prop E Tech's Debt-to-Equity or its related term are showing as below:

BSP:SYNE3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 1.2 Max: 3.21
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of SYN Prop E Tech was 3.21. The lowest was 0.65. And the median was 1.20.

BSP:SYNE3's Debt-to-Equity is ranked better than
55.63% of 1589 companies
in the Real Estate industry
Industry Median: 0.75 vs BSP:SYNE3: 0.65

SYN Prop E Tech Debt-to-Equity Historical Data

The historical data trend for SYN Prop E Tech'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.

SYN Prop E Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.85

0.92

0.97

0.68

0.65

SYN Prop E Tech 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																0.68	0.69	0.67	0.68	0.65

Competitive Comparison

For the Real Estate - Diversified subindustry, SYN Prop E Tech'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.

SYN Prop E Tech Debt-to-Equity Distribution

For the Real Estate industry and Real Estate sector, SYN Prop E Tech's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SYN Prop E Tech's Debt-to-Equity falls into.

SYN Prop E Tech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SYN Prop E Tech'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
	=	(27.36	+	956.366)	/	1516.277
	=	0.65

SYN Prop E Tech'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
	=	(27.36	+	956.366)	/	1516.277
	=	0.65

SYN Prop E Tech (BSP:SYNE3) 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.

SYN Prop E Tech Debt-to-Equity Related Terms

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SYN Prop E Tech (BSP:SYNE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SYN Prop E Tech SA (BSP:SYNE3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SYYNY:USA

Address

Avenida Brigadeiro Faria Lima, 3600, 14th Floor Itaim Bibi, Sao Paulo, SP, BRA, 04538-132

Website

https://www.ccpsa.com.br

SYN Prop E Tech SA is involved in the real estate sector. It focuses on the development, trade, and management of commercial properties in Brazil. Its portfolio includes shopping centres and corporate buildings. Business is organized into three operating segments being Buildings, Shopping malls, Services and Others. Key revenue is earned from the Building division which is engaged in the sale and lease of commercial buildings. Shopping malls consists of the lease of stores in shopping malls. Services consists of services involving the management of shopping malls, development of properties and operation of parking lots. Other consists of the lease of other types of properties.

SYN Prop E Tech (BSP:SYNE3) Headlines

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