Aluar Aluminio ArgentinoIC (BUE:ALUA) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Aluar Aluminio ArgentinoIC Debt-to-Equity?

Aluar Aluminio ArgentinoIC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ARS0 Mil. Aluar Aluminio ArgentinoIC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ARS0 Mil. Aluar Aluminio ArgentinoIC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ARS542,168 Mil. Aluar Aluminio ArgentinoIC's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Aluar Aluminio ArgentinoIC's Debt-to-Equity or its related term are showing as below:

BUE:ALUA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.32 Max: 0.85
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Aluar Aluminio ArgentinoIC was 0.85. The lowest was 0.11. And the median was 0.32.

BUE:ALUA's Debt-to-Equity is ranked worse than
58.14% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BUE:ALUA: 0.21

Aluar Aluminio ArgentinoIC Debt-to-Equity Historical Data

The historical data trend for Aluar Aluminio ArgentinoIC'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.

Aluar Aluminio ArgentinoIC Debt-to-Equity Chart

Aluar Aluminio ArgentinoIC Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.69

0.85

0.54

0.31

0.44

Aluar Aluminio ArgentinoIC 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															-	-	0.44	-	-

Competitive Comparison of Aluar Aluminio ArgentinoIC's Debt-to-Equity

For the Aluminum subindustry, Aluar Aluminio ArgentinoIC'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.

Aluar Aluminio ArgentinoIC's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluar Aluminio ArgentinoIC's Debt-to-Equity distribution charts can be found below:

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

Aluar Aluminio ArgentinoIC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aluar Aluminio ArgentinoIC's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(45532.935	+	69611.275)	/	263273.552
	=	0.44

Aluar Aluminio ArgentinoIC'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
	=	(0	+	0)	/	542168.125
	=	0.00

Aluar Aluminio ArgentinoIC (BUE:ALUA) 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.

Aluar Aluminio ArgentinoIC Debt-to-Equity Related Terms

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Aluar Aluminio ArgentinoIC (BUE:ALUA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluar Aluminio Argentino SAIC (BUE:ALUA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Marcelo Torcuato de Alvear 590, 3rd Floor, Buenos Aires, ARG, 1058

Website

http://www.aluar.com.ar

Aluar Aluminio Argentino SAIC is an Argentina based company engaged in manufacturing aluminum and aluminum products. It is used for aerospace, electrical component, construction, and transportation industries. The company offers rolling and alloy ingots, extrusion billets, rods, beams and zinc sows, among others. It also offers integrated solutions for engineering, manufacturing, construction, assembly and industrial services projects.

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