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Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Debt-to-Equity : 0.76 (As of Dec. 2023)


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What is Wiz Co Participacoes e Corretagem de Seguros Debt-to-Equity?

Wiz Co Participacoes e Corretagem de Seguros's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$29 Mil. Wiz Co Participacoes e Corretagem de Seguros's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$335 Mil. Wiz Co Participacoes e Corretagem de Seguros's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$482 Mil. Wiz Co Participacoes e Corretagem de Seguros's debt to equity for the quarter that ended in Dec. 2023 was 0.76.

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 Wiz Co Participacoes e Corretagem de Seguros's Debt-to-Equity or its related term are showing as below:

BSP:WIZC3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.22   Max: 1.02
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Wiz Co Participacoes e Corretagem de Seguros was 1.02. The lowest was 0.00. And the median was 0.22.

BSP:WIZC3's Debt-to-Equity is ranked worse than
84.03% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs BSP:WIZC3: 0.76

Wiz Co Participacoes e Corretagem de Seguros Debt-to-Equity Historical Data

The historical data trend for Wiz Co Participacoes e Corretagem de Seguros'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.

Wiz Co Participacoes e Corretagem de Seguros Debt-to-Equity Chart

Wiz Co Participacoes e Corretagem de Seguros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.41 0.75 1.02 0.76

Wiz Co Participacoes e Corretagem de Seguros 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 0.95 0.90 0.79 0.76

Competitive Comparison of Wiz Co Participacoes e Corretagem de Seguros's Debt-to-Equity

For the Insurance Brokers subindustry, Wiz Co Participacoes e Corretagem de Seguros'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.


Wiz Co Participacoes e Corretagem de Seguros's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Wiz Co Participacoes e Corretagem de Seguros's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wiz Co Participacoes e Corretagem de Seguros's Debt-to-Equity falls into.



Wiz Co Participacoes e Corretagem de Seguros Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wiz Co Participacoes e Corretagem de Seguros's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Wiz Co Participacoes e Corretagem de Seguros's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Wiz Co Participacoes e Corretagem de Seguros  (BSP:WIZC3) 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.


Wiz Co Participacoes e Corretagem de Seguros Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Wiz Co Participacoes e Corretagem de Seguros's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Business Description

Traded in Other Exchanges
N/A
Address
Setor Comercial Norte, Quadra 02, Liberty Mall, Tower B, 13th Floor, Room 1301, Brasilia, DF, BRA, 70712-904
Wiz Co Participacoes e Corretagem de Seguros SA is Brazilian insurance brokerage company. It is engaged in developing and implementing business optimization solutions, combining financial and insurance services to meet customer's needs. The company acts as a broker between insurer and bank and it is involved in the sale of individual and corporate insurance products, pension plans, capitalization plans, and consortiums, in the distribution channels. Its insurance products includes life insurance policies, mortgage insurance, credit insurance, auto insurance, residential property insurance, Business Multi-Risk Insurance and other products.

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