Tecnisa (BSP:TCSA3) Debt-to-Equity : 1.35 (As of Dec. 2023)

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What is Tecnisa Debt-to-Equity?

Tecnisa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$226.3 Mil. Tecnisa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$493.1 Mil. Tecnisa's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$534.5 Mil. Tecnisa's debt to equity for the quarter that ended in Dec. 2023 was 1.35.

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

BSP:TCSA3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.8 Max: 1.59
Current: 1.35

During the past 13 years, the highest Debt-to-Equity Ratio of Tecnisa was 1.59. The lowest was 0.37. And the median was 0.80.

BSP:TCSA3's Debt-to-Equity is ranked worse than
70.09% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs BSP:TCSA3: 1.35

Tecnisa Debt-to-Equity Historical Data

The historical data trend for Tecnisa'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.

Tecnisa Debt-to-Equity Chart

Tecnisa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.37

0.67

0.95

1.10

1.35

Tecnisa 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															1.10	1.11	1.11	1.20	1.35

Competitive Comparison of Tecnisa's Debt-to-Equity

For the Real Estate - Development subindustry, Tecnisa'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.

Tecnisa's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Tecnisa Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tecnisa'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
	=	(226.318	+	493.119)	/	534.525
	=	1.35

Tecnisa'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
	=	(226.318	+	493.119)	/	534.525
	=	1.35

Tecnisa (BSP:TCSA3) 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.

Tecnisa Debt-to-Equity Related Terms

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Tecnisa (BSP:TCSA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tecnisa SA (BSP:TCSA3) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Avenida Nicolas Boer, 399, 5th floor, unit 502S, Jardim das Perdizes, Sao Paulo, SP, BRA, 01140-060

Website

https://www.tecnisa.com.br

Tecnisa SA is a real estate company. The company is engaged mainly in the development and construction of residential and commercial real estate, individually or together with other entities, by holding a full interest in subsidiaries, joint ventures, or associates. It has only one reporting segment development and sale of properties. Tecnisa's mission is to offer the real-estate market products and services which will generate profits and satisfy clients in such a way as to guarantee the company's sustainability and the enhancement of the Tecnisa brand.

Tecnisa (BSP:TCSA3) Headlines

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