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Marfrig Global Foods (Marfrig Global Foods) Debt-to-Equity : 7.35 (As of Dec. 2023)


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What is Marfrig Global Foods Debt-to-Equity?

Marfrig Global Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,793 Mil. Marfrig Global Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9,653 Mil. Marfrig Global Foods's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,557 Mil. Marfrig Global Foods's debt to equity for the quarter that ended in Dec. 2023 was 7.35.

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 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: 5.44   Med: 12.55   Max: 36.51
Current: 7.35

During the past 13 years, the highest Debt-to-Equity Ratio of Marfrig Global Foods was 36.51. The lowest was 5.44. And the median was 12.55.

MRRTY's Debt-to-Equity is ranked worse than
98.42% of 1643 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs MRRTY: 7.35

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 Premium Member Only Premium Member Only 36.51 13.31 7.95 11.80 7.35

Marfrig Global Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 11.80 13.67 15.41 9.30 7.35

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

Marfrig Global Foods's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


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

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Marfrig Global Foods (Marfrig Global Foods) Business Description

Traded in Other Exchanges
Address
Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000
Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. 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.

Marfrig Global Foods (Marfrig Global Foods) Headlines

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