Industrias Ales (QUI:IND) Debt-to-Equity : 0.93 (As of Jun. 2022)

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What is Industrias Ales Debt-to-Equity?

Industrias Ales's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Industrias Ales's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $68.02 Mil. Industrias Ales's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $73.23 Mil. Industrias Ales's debt to equity for the quarter that ended in Jun. 2022 was 0.93.

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 Industrias Ales's Debt-to-Equity or its related term are showing as below:

QUI:IND's Debt-to-Equity is not ranked ^*
in the Conglomerates industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Industrias Ales Debt-to-Equity Historical Data

The historical data trend for Industrias Ales'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.

Industrias Ales Debt-to-Equity Chart

Industrias Ales Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

0.97

0.98

1.03

0.98

Industrias Ales Semi-Annual Data
	Jun14	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22
Debt-to-Equity	Get a 7-Day Free Trial								1.03	0.89	0.98	0.96	0.93

Competitive Comparison of Industrias Ales's Debt-to-Equity

For the Conglomerates subindustry, Industrias Ales'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.

Industrias Ales's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Industrias Ales's Debt-to-Equity distribution charts can be found below:

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

Industrias Ales Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Industrias Ales's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(0	+	68.089)	/	69.718
	=	0.98

Industrias Ales's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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
	=	(0	+	68.023)	/	73.228
	=	0.93

Industrias Ales (QUI:IND) 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.

Industrias Ales Debt-to-Equity Related Terms

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

Industrias Ales (QUI:IND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Industrias Ales SA (QUI:IND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av Galo Plaza N51-23, Quito, ECU

Website

https://www.ales.com.ec

Industrias Ales SA is an Ecuador-based Agroindustrial company. It is engaged in the manufacturing and marketing of food and cleaning products. The products category of the company include food, confits, Home care and personal care.

Industrias Ales (QUI:IND) Headlines

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