MRRTY (Marfrig Global Foods) Debt-to-Equity : 10.93 (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Marfrig Global Foods Debt-to-Equity?

Marfrig Global Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,401 Mil. Marfrig Global Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $9,220 Mil. Marfrig Global Foods's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $972 Mil. Marfrig Global Foods's debt to equity for the quarter that ended in Sep. 2024 was 10.93.

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 Marfrig Global Foods's Debt-to-Equity or its related term are showing as below:

MRRTY' s Debt-to-Equity Range Over the Past 10 Years
Min: -27.36 Med: 11.36 Max: 96.91
Current: 10.93

During the past 13 years, the highest Debt-to-Equity Ratio of Marfrig Global Foods was 96.91. The lowest was -27.36. And the median was 11.36.

MRRTY's Debt-to-Equity is ranked worse than
99.09% of 1657 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs MRRTY: 10.93

Marfrig Global Foods Debt-to-Equity Historical Data

The historical data trend for Marfrig Global Foods'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.

Marfrig Global Foods Debt-to-Equity Chart

Marfrig Global Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

36.51

13.31

7.95

11.80

7.35

Marfrig Global Foods Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															9.30	7.35	7.73	10.92	10.93

Competitive Comparison of Marfrig Global Foods's Debt-to-Equity

For the Packaged Foods subindustry, Marfrig Global Foods'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.

Marfrig Global Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Marfrig Global Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marfrig Global Foods'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
	=	(1793.218	+	9652.982)	/	1557.477
	=	7.35

Marfrig Global Foods's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1400.635	+	9219.852)	/	972.124
	=	10.93

Marfrig Global Foods (OTCPK:MRRTY) 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.

Marfrig Global Foods Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Marfrig Global Foods's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Marfrig Global Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Marfrig Global Foods SA (OTCPK:MRRTY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MGP1:Germany MRFG3:Brazil

Address

Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000

Website

https://www.marfrig.com.br

Marfrig Global Foods SA is a Processing of products (formed by cattle slaughter facilities in operation, which are also used in beef processing, and for the manufacture of animal nutrition products) and sale of animal-based (beef, pork, lamb, fish, and poultry) and plant-based proteins. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF, and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.