Minerva (BSP:BEEF3) Debt-to-Equity: 19.57 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:BEEF3 Minerva SA BSP:BEEF3
61 GF Score
Price R$3.44
GF Value R$5.38
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Minerva Debt-to-Equity?

Minerva BSP:BEEF3 -1.71% 61 Debt-to-Equity is 19.57 as of Mar. 2026, which is 2% below its 10-year median of 19.94. GuruFocus rates BSP:BEEF3 with a GF Score™ of 61/100 and a GF Value™ of R$5.38 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,747 Consumer Packaged Goods companies, Minerva ranks worse than 99.37% on this metric.

Minerva's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$3,525 Mil. Minerva's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$21,139 Mil. Minerva's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R$1,260 Mil. Minerva's debt to equity for the quarter that ended in Mar. 2026 was 19.57.

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

BSP:BEEF3' s Debt-to-Equity Range Over the Past 10 Years
Min: -153.32   Med: 19.94   Max: 1142.15
Current: 19.57

During the past 13 years, the highest Debt-to-Equity Ratio of Minerva was 1142.15. The lowest was -153.32. And the median was 19.94.

BSP:BEEF3's Debt-to-Equity is ranked worse than
99.37% of 1747 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BSP:BEEF3: 19.57

Minerva  (BSP:BEEF3) 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.


Minerva Debt-to-Equity Related Terms


Minerva Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Minerva'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.

Minerva Debt-to-Equity Chart

Minerva Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.55 27.24 123.78 -62.92 21.24

Minerva Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -42.25 18.74 20.69 21.24 19.57

BSP:BEEF3 vs KHC, GIS, HRL: Debt-to-Equity Comparison

For the Packaged Foods subindustry, Minerva'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.


Minerva Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Minerva's Debt-to-Equity distribution charts can be found below:

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


BSP:BEEF3
61GF Score
Minerva SA BSP:BEEF3
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Minerva Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Minerva's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Minerva's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 19.57 mean?
Minerva (BSP:BEEF3) has a Debt-to-Equity of 19.57 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Minerva and its competitors. This is near median its historical median of 19.94. According to the industry distribution chart, Minerva ranks #1736 out of 1747 companies in the Consumer Packaged Goods industry, placing it in the top 99.4%.
Is Minerva's Debt-to-Equity too high?
Minerva's current Debt-to-Equity of 19.57 is near median its 10-year median of 19.94. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. Minerva's value of 19.57 is 4673.2% above this industry median. Based on the distribution chart, Minerva ranks #1736 out of 1747 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Minerva has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Minerva's Debt-to-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Minerva ranks #1736 out of 1747 companies for Debt-to-Equity. This places Minerva in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Minerva's value of 19.57 is 4673.2% above this benchmark. While the company's 10-year median is 19.94 vs. the industry median of 0.41, Minerva has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,747 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Minerva's current Debt-to-Equity of 19.57 is 4673.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Minerva and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerva's current Debt-to-Equity is 19.57, which is near median its own 10-year median of 19.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva stock overvalued right now?
Based on GuruFocus' analysis, Minerva (BSP:BEEF3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$5.38, compared to a current price of R$3.44 — trading 36.1% below its estimated fair value. The current Debt-to-Equity is 19.57, which is near median its 10-year median of 19.94 and 4673.2% above the Consumer Packaged Goods industry median of 0.41. Minerva's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Minerva (BSP:BEEF3), the current Debt-to-Equity is 19.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Minerva (BSP:BEEF3) Overvalued in 2026?

Based on GuruFocus' analysis, Minerva stock appears to be undervalued. The current stock price of R$3.44 is trading 36.1% below its estimated GF Value™ of R$5.38. GuruFocus considers Minerva to be Significantly Undervalued.

Key valuation signals for BSP:BEEF3:

  • Debt-to-Equity: 19.57 (near median its 10-year median of 19.94)
  • GF Value™: R$5.38 vs. price of R$3.44 (36.1% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 4673.2% above the Consumer Packaged Goods median (#1736 of 1747)

No single metric tells the full story. See the BSP:BEEF3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minerva Business Description

Other Exchanges MRVSY:USAM0V:Germany
Address Avenida Antonio Manco Bernardes s/n, Chacara Minerva, Barretos, SP, BRA, 14781-545
Minerva SA produces and markets beef and other meat products out of South America. The company's activities include the slaughtering of livestock and processing of meat, the sale of fresh chilled, frozen, and processed meat and the exporting of live cattle. It has several different facilities to help with processing. Slaughtering and boning plants acquire the livestock and kick-start the process. A processing plant works on turning raw materials into finished products, and distribution centers are located around the globe to ensure quality and timely deliveries. International trading offices are strategically placed to help strengthen relationships in different regions.
61GF Score

Get the complete analysis for BSP:BEEF3

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$3.44
Price
R$5.38
GF Value