Empresas La Polar (XSGO:NUEVAPOLAR) Debt-to-Equity : 9.73 (As of Mar. 2024)

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What is Empresas La Polar Debt-to-Equity?

Empresas La Polar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was CLP237,571 Mil. Empresas La Polar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was CLP171,473 Mil. Empresas La Polar's Total Stockholders Equity for the quarter that ended in Mar. 2024 was CLP42,055 Mil. Empresas La Polar's debt to equity for the quarter that ended in Mar. 2024 was 9.73.

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 Empresas La Polar's Debt-to-Equity or its related term are showing as below:

XSGO:NUEVAPOLAR' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.72 Med: 0.9 Max: 23.2
Current: 9.73

During the past 13 years, the highest Debt-to-Equity Ratio of Empresas La Polar was 23.20. The lowest was -15.72. And the median was 0.90.

XSGO:NUEVAPOLAR's Debt-to-Equity is ranked worse than
98.8% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs XSGO:NUEVAPOLAR: 9.73

Empresas La Polar Debt-to-Equity Historical Data

The historical data trend for Empresas La Polar'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.

Empresas La Polar Debt-to-Equity Chart

Empresas La Polar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.70

1.50

0.89

1.35

3.35

Empresas La Polar Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.55	1.87	2.23	3.35	9.73

Competitive Comparison of Empresas La Polar's Debt-to-Equity

For the Department Stores subindustry, Empresas La Polar'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.

Empresas La Polar's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Empresas La Polar's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Empresas La Polar's Debt-to-Equity falls into.

Empresas La Polar Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Empresas La Polar'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
	=	(20749.146	+	105456.991)	/	37697.653
	=	3.35

Empresas La Polar'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
	=	(237570.6	+	171472.688)	/	42054.922
	=	9.73

Empresas La Polar (XSGO:NUEVAPOLAR) 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.

Empresas La Polar Debt-to-Equity Related Terms

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

Empresas La Polar (XSGO:NUEVAPOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Empresas La Polar SA (XSGO:NUEVAPOLAR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue PDTE, Eduardo Frei 520, Frei Montalva, CHL

Website

http://www.lapolar.cl

Empresas La Polar SA is engaged in the retail sector. The company retails goods through department stores and online channels. It supplies various types of products which are classified under many categories like electronics, computing, electrohog, decorating, bedroom, furniture, sports, infant, beauty, gifts & entrepreneur equipment.

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