LTM (LATAM Airlines Group) Debt-to-Equity : 9.89 (As of Dec. 2024)

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What is LATAM Airlines Group Debt-to-Equity?

LATAM Airlines Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $635 Mil. LATAM Airlines Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $6,515 Mil. LATAM Airlines Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $723 Mil. LATAM Airlines Group's debt to equity for the quarter that ended in Dec. 2024 was 9.89.

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 LATAM Airlines Group's Debt-to-Equity or its related term are showing as below:

LTM' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.5 Med: 3.16 Max: 162.39
Current: 9.89

During the past 13 years, the highest Debt-to-Equity Ratio of LATAM Airlines Group was 162.39. The lowest was -4.50. And the median was 3.16.

LTM's Debt-to-Equity is ranked worse than
98.65% of 891 companies
in the Transportation industry
Industry Median: 0.51 vs LTM: 9.89

LATAM Airlines Group Debt-to-Equity Historical Data

The historical data trend for LATAM Airlines Group'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.

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LATAM Airlines Group Debt-to-Equity Chart

LATAM Airlines Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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-4.50

-1.49

162.39

15.40

9.89

LATAM Airlines Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															15.40	11.97	13.39	9.96	9.89

Competitive Comparison of LATAM Airlines Group's Debt-to-Equity

For the Airlines subindustry, LATAM Airlines Group'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.

LATAM Airlines Group's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, LATAM Airlines Group's Debt-to-Equity distribution charts can be found below:

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

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LATAM Airlines Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LATAM Airlines Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(635.213	+	6515.238)	/	723.267
	=	9.89

LATAM Airlines Group's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(635.213	+	6515.238)	/	723.267
	=	9.89

LATAM Airlines Group (NYSE:LTM) 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.

LATAM Airlines Group Debt-to-Equity Related Terms

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LATAM Airlines Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LATAM Airlines Group SA (NYSE:LTM) » Definitions » Debt-to-Equity

Traded in Other Exchanges

LTM:Chile

Address

Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL

Website

https://www.latamairlinesgroup.net

LATAM Airlines Group SA operates as a passenger airline group. The company and its affiliates provide domestic services in Brazil, Chile, Peru, Colombia, and Ecuador, as well as regional flights and long-haul operations. LATAM group carries out cargo operations using both belly space on passenger flights and dedicated freighter aircraft. In addition, it also offers complementary services, such as ground handling, courier, logistics, and maintenance. Geographically, the group generates maximum revenue from Brazil, followed by Chile, the United States of America, Peru, Europe, Colombia, Ecuador, Asia Pacific, and the rest of Latin America.