Grupo Clarin (Grupo Clarin) Debt-to-Equity : 0.14 (As of Mar. 2024)

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What is Grupo Clarin Debt-to-Equity?

Grupo Clarin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $23.5 Mil. Grupo Clarin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.4 Mil. Grupo Clarin's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $198.5 Mil. Grupo Clarin's debt to equity for the quarter that ended in Mar. 2024 was 0.14.

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

GRCLY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.16 Max: 1.33
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Grupo Clarin was 1.33. The lowest was 0.05. And the median was 0.16.

GRCLY's Debt-to-Equity is ranked better than
65.75% of 832 companies
in the Media - Diversified industry
Industry Median: 0.29 vs GRCLY: 0.14

Grupo Clarin Debt-to-Equity Historical Data

The historical data trend for Grupo Clarin'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.

Grupo Clarin Debt-to-Equity Chart

Grupo Clarin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.19

0.13

0.08

0.09

0.12

Grupo Clarin Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.10	0.09	0.12	0.14

Competitive Comparison of Grupo Clarin's Debt-to-Equity

For the Entertainment subindustry, Grupo Clarin'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.

Grupo Clarin's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Grupo Clarin's Debt-to-Equity distribution charts can be found below:

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

Grupo Clarin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grupo Clarin'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
	=	(32.002	+	7.074)	/	326.855
	=	0.12

Grupo Clarin's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(23.487	+	3.411)	/	198.464
	=	0.14

Grupo Clarin (OTCPK:GRCLY) 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.

Grupo Clarin Debt-to-Equity Related Terms

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Grupo Clarin (Grupo Clarin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grupo Clarin SA (OTCPK:GRCLY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GCLA:Argentina

Address

Piedras 1743, Buenos Aires, ARG, C1140ABK

Website

https://www.grupoclarin.com

Grupo Clarin SA is a holding company that operates in the Media industry in Argentina. Its operations include newspaper and other printing, publishing, and advertising activities, broadcast television, radio operations, television content production, online and new media services, and other media-related activities. Its business segments include Printing and Publishing, Broadcasting and Programming, and Others. Print and Digital Publications segments include national and regional newspapers, a sports daily, magazine publishing, editing and distribution, and commercial printing.