Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Debt-to-Equity : 0.48 (As of Sep. 2023)

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What is Loma Negra Cia Industria Argentina Debt-to-Equity?

Loma Negra Cia Industria Argentina's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $149.8 Mil. Loma Negra Cia Industria Argentina's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $130.0 Mil. Loma Negra Cia Industria Argentina's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $584.9 Mil. Loma Negra Cia Industria Argentina's debt to equity for the quarter that ended in Sep. 2023 was 0.48.

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 Loma Negra Cia Industria Argentina's Debt-to-Equity or its related term are showing as below:

LOMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.41 Max: 5.86
Current: 0.48

During the past 9 years, the highest Debt-to-Equity Ratio of Loma Negra Cia Industria Argentina was 5.86. The lowest was 0.02. And the median was 0.41.

LOMA's Debt-to-Equity is ranked worse than
57.06% of 354 companies
in the Building Materials industry
Industry Median: 0.39 vs LOMA: 0.48

Loma Negra Cia Industria Argentina Debt-to-Equity Historical Data

The historical data trend for Loma Negra Cia Industria Argentina'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.

Loma Negra Cia Industria Argentina Debt-to-Equity Chart

Loma Negra Cia Industria Argentina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.39

0.36

0.16

0.04

0.19

Loma Negra Cia Industria Argentina Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.25	0.19	0.30	0.50	0.48

Competitive Comparison of Loma Negra Cia Industria Argentina's Debt-to-Equity

For the Building Materials subindustry, Loma Negra Cia Industria Argentina'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.

Loma Negra Cia Industria Argentina's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Loma Negra Cia Industria Argentina's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Loma Negra Cia Industria Argentina's Debt-to-Equity falls into.

Loma Negra Cia Industria Argentina Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Loma Negra Cia Industria Argentina's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(66.645	+	63.602)	/	690.441
	=	0.19

Loma Negra Cia Industria Argentina's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(149.767	+	129.967)	/	584.949
	=	0.48

Loma Negra Cia Industria Argentina (NYSE:LOMA) 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.

Loma Negra Cia Industria Argentina Debt-to-Equity Related Terms

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Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Loma Negra Cia Industria Argentina SA (NYSE:LOMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8LN:Germany LOMA:Argentina

Address

Boulevard Cecilia Grierson 355, Piso 4, 4th Floor, Buenos Aires, ARG, C1107CPG

Website

https://www.lomanegra.com

Loma Negra Cia Industria Argentina SA is a cement producer in Argentina. The company operates in five segments: Cement, masonry cement, and lime; Concrete; Rail services; Aggregates; and Others. The majority of its revenue comes from Cement, masonry cement, and lime segment.