Sociedad Hipodromo Chile (XSGO:HIPODROMOA) Debt-to-Equity : 0.16 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Sociedad Hipodromo Chile Debt-to-Equity?

Sociedad Hipodromo Chile's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CLP1,143 Mil. Sociedad Hipodromo Chile's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CLP1,853 Mil. Sociedad Hipodromo Chile's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CLP18,331 Mil. Sociedad Hipodromo Chile's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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 Sociedad Hipodromo Chile's Debt-to-Equity or its related term are showing as below:

XSGO:HIPODROMOA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.13 Max: 0.17
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Sociedad Hipodromo Chile was 0.17. The lowest was 0.11. And the median was 0.13.

XSGO:HIPODROMOA's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.46 vs XSGO:HIPODROMOA: 0.16

Sociedad Hipodromo Chile Debt-to-Equity Historical Data

The historical data trend for Sociedad Hipodromo Chile'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.

Sociedad Hipodromo Chile Debt-to-Equity Chart

Sociedad Hipodromo Chile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.17

0.13

0.16

Sociedad Hipodromo Chile 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															0.13	0.13	0.13	0.11	0.16

Competitive Comparison of Sociedad Hipodromo Chile's Debt-to-Equity

For the Gambling subindustry, Sociedad Hipodromo Chile'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.

Sociedad Hipodromo Chile's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sociedad Hipodromo Chile's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sociedad Hipodromo Chile's Debt-to-Equity falls into.

Sociedad Hipodromo Chile Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sociedad Hipodromo Chile'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
	=	(1143.205	+	1853.024)	/	18330.902
	=	0.16

Sociedad Hipodromo Chile'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
	=	(1143.205	+	1853.024)	/	18330.902
	=	0.16

Sociedad Hipodromo Chile (XSGO:HIPODROMOA) 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.

Sociedad Hipodromo Chile Debt-to-Equity Related Terms

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

Sociedad Hipodromo Chile (XSGO:HIPODROMOA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sociedad Hipodromo Chile SA (XSGO:HIPODROMOA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Hipodromo Chile No. 1715, Comuna de Independencia, Santiago, CHL, 9371

Website

http://www.hipodromo.cl

Sociedad Hipodromo Chile SA is a Chile based firm organizes horse races with betting. The company is also involved in promoting various horse breeds, horse breeding, selling and importing thoroughbred horses and forms centers for horse training.

Sociedad Hipodromo Chile (XSGO:HIPODROMOA) Headlines

No Headlines