Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) Debt-to-Equity : 0.36 (As of Mar. 2024)

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What is Corporacion Inmobiliaria VestaB de CV Debt-to-Equity?

Corporacion Inmobiliaria VestaB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $70.3 Mil. Corporacion Inmobiliaria VestaB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $844.9 Mil. Corporacion Inmobiliaria VestaB de CV's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,548.4 Mil. Corporacion Inmobiliaria VestaB de CV's debt to equity for the quarter that ended in Mar. 2024 was 0.36.

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 Corporacion Inmobiliaria VestaB de CV's Debt-to-Equity or its related term are showing as below:

VESTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.57 Max: 0.82
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Corporacion Inmobiliaria VestaB de CV was 0.82. The lowest was 0.01. And the median was 0.57.

VESTF's Debt-to-Equity is ranked better than
69.04% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs VESTF: 0.36

Corporacion Inmobiliaria VestaB de CV Debt-to-Equity Historical Data

The historical data trend for Corporacion Inmobiliaria VestaB de CV'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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Corporacion Inmobiliaria VestaB de CV Debt-to-Equity Chart

Corporacion Inmobiliaria VestaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.64

0.76

0.64

0.57

0.37

Corporacion Inmobiliaria VestaB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.57	0.57	0.42	0.37	0.36

Competitive Comparison of Corporacion Inmobiliaria VestaB de CV's Debt-to-Equity

For the Real Estate - Diversified subindustry, Corporacion Inmobiliaria VestaB de CV'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.

Corporacion Inmobiliaria VestaB de CV's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Corporacion Inmobiliaria VestaB de CV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Corporacion Inmobiliaria VestaB de CV's Debt-to-Equity falls into.

Corporacion Inmobiliaria VestaB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Corporacion Inmobiliaria VestaB de CV'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
	=	(70.22	+	845.864)	/	2486.968
	=	0.37

Corporacion Inmobiliaria VestaB de CV's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(70.295	+	844.863)	/	2548.436
	=	0.36

Corporacion Inmobiliaria VestaB de CV (OTCPK:VESTF) 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.

Corporacion Inmobiliaria VestaB de CV Debt-to-Equity Related Terms

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Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Corporacion Inmobiliaria Vesta SAB de CV (OTCPK:VESTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VTMX:USA VESTA:Mexico

Address

Paseo de los Tamarindos, 90 Torre 2, 28th Floor, Cuajimalpa de Morelos, Mexico, MEX, 05120

Website

http://www.vesta.com.mx

Corporacion Inmobiliaria Vesta SAB de CV is a real estate company dedicated to the development and leasing of industrial buildings and distribution centers in Mexico. The company designs and constructs park-to-suit projects across various industries; undertakes build-to-suit projects; and provides site selection, design and engineering, and sale and leaseback services. It serves aerospace, automotive, food and beverage, logistics, medical devices, plastics, and other industries.