NovaBev Group (MIC:BELU) Debt-to-Equity: 1.35 (As of Dec. 2023)

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MIC:BELU NovaBev Group MIC:BELU
17 GF Score
Price ₽246.20
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What is NovaBev Group Debt-to-Equity?

NovaBev Group MIC:BELU +1.23% 17 Debt-to-Equity is 1.35 as of Dec. 2023. GuruFocus rates MIC:BELU with a GF Score™ of 17/100.

NovaBev Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₽9,522 Mil. NovaBev Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₽26,008 Mil. NovaBev Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₽26,306 Mil. NovaBev Group's debt to equity for the quarter that ended in Dec. 2023 was 1.35.

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

MIC:BELU's Debt-to-Equity is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 0.37
* Ranked among companies with meaningful Debt-to-Equity only.

NovaBev Group  (MIC:BELU) 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.

NovaBev Group Debt-to-Equity Related Terms

NovaBev Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for NovaBev 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.

NovaBev Group Debt-to-Equity Chart

NovaBev Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 1.02 0.91 1.52 1.35

NovaBev Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.91 1.26 1.52 1.77 1.35

MIC:BELU vs BF.B: Debt-to-Equity Comparison

For the Beverages - Wineries & Distilleries subindustry, NovaBev 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.

NovaBev Group Debt-to-Equity vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, NovaBev Group's Debt-to-Equity distribution charts can be found below:

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


MIC:BELU
17GF Score
NovaBev Group MIC:BELU
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NovaBev Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NovaBev Group'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
=(9522 + 26008) / 26306
=1.35

NovaBev Group'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
=(9522 + 26008) / 26306
=1.35

* 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 1.35 mean?
NovaBev Group (MIC:BELU) has a Debt-to-Equity of 1.35 as of Dec. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NovaBev Group and its competitors.
Is NovaBev Group's Debt-to-Equity too high?
NovaBev Group's current Debt-to-Equity is 1.35. The Beverages - Alcoholic industry median Debt-to-Equity is 0.37. NovaBev Group's value of 1.35 is 264.9% above this industry median. Overall, NovaBev Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NovaBev Group's Debt-to-Equity compare to BF.B?
NovaBev Group's Debt-to-Equity of 1.35 can be compared against companies in the Beverages - Alcoholic industry. The industry median Debt-to-Equity is 0.37. NovaBev Group's value of 1.35 is 264.9% above this benchmark. 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 Beverages - Alcoholic company?
The median Debt-to-Equity among Beverages - Alcoholic companies is 0.37, based on 182 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. NovaBev Group's current Debt-to-Equity of 1.35 is 264.9% 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 NovaBev Group and its competitors. For the Beverages - Alcoholic industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NovaBev Group's current Debt-to-Equity is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NovaBev Group stock overvalued right now?
NovaBev Group (MIC:BELU) has a current Debt-to-Equity of 1.35. The current Debt-to-Equity is 1.35 and 264.9% above the Beverages - Alcoholic industry median of 0.37. NovaBev Group's overall GF Score™ is 17/100. 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 NovaBev Group (MIC:BELU), the current Debt-to-Equity is 1.35 as of Dec. 2023. 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.

NovaBev Group Business Description

Address 4, Yakimanskaya Embankment, Building 1, Moscow, RUS, 119180
NovaBev Group is a Russian alcohol and food products and operation of wholesale and retail business. It producer of vodka and distilled beverages, and is one of the main importers of spirits and wine in the country.
17GF Score

Get the complete analysis for MIC:BELU

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₽246.20
Price