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Invercap INVERCAP (XSGO:INVERCAP) Debt-to-Equity : 1.91 (As of Sep. 2024)


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What is Invercap INVERCAP Debt-to-Equity?

Invercap INVERCAP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was CLP505,175 Mil. Invercap INVERCAP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was CLP1,098,973 Mil. Invercap INVERCAP's Total Stockholders Equity for the quarter that ended in Sep. 2024 was CLP839,564 Mil. Invercap INVERCAP's debt to equity for the quarter that ended in Sep. 2024 was 1.91.

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 Invercap INVERCAP's Debt-to-Equity or its related term are showing as below:

XSGO:INVERCAP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.12   Max: 1.91
Current: 1.91

During the past 13 years, the highest Debt-to-Equity Ratio of Invercap INVERCAP was 1.91. The lowest was 0.06. And the median was 0.12.

XSGO:INVERCAP's Debt-to-Equity is ranked worse than
92.63% of 556 companies
in the Steel industry
Industry Median: 0.43 vs XSGO:INVERCAP: 1.91

Invercap INVERCAP Debt-to-Equity Historical Data

The historical data trend for Invercap INVERCAP'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.

Invercap INVERCAP Debt-to-Equity Chart

Invercap INVERCAP 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 0.07 0.11 0.74 0.96 1.54

Invercap INVERCAP 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 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 1.37 1.54 1.55 1.85 1.91

Competitive Comparison of Invercap INVERCAP's Debt-to-Equity

For the Steel subindustry, Invercap INVERCAP'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.


Invercap INVERCAP's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Invercap INVERCAP's Debt-to-Equity distribution charts can be found below:

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



Invercap INVERCAP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Invercap INVERCAP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Invercap INVERCAP's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Invercap INVERCAP  (XSGO:INVERCAP) 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.


Invercap INVERCAP Debt-to-Equity Related Terms

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


Invercap INVERCAP Business Description

Traded in Other Exchanges
N/A
Address
Gertrudis Echenique 220, Las Condes, Santiago, CHL
Invercap SA INVERCAP through its subsidiaries engages in the extraction of iron ore and production of steel in Chile and Latin America. Its steel products include steel bars, flat products, structural tubes, pipes, and open profiles. The company also provides shaped steel products for structural use and conduction of steel fluids for safety and construction markets.

Invercap INVERCAP Headlines

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