Quinenco (XSGO:QUINENCO) Debt-to-Equity : 1.79 (As of Sep. 2024)

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What is Quinenco Debt-to-Equity?

Quinenco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was CLP239,130 Mil. Quinenco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was CLP15,055,883 Mil. Quinenco's Total Stockholders Equity for the quarter that ended in Sep. 2024 was CLP8,541,312 Mil. Quinenco's debt to equity for the quarter that ended in Sep. 2024 was 1.79.

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

XSGO:QUINENCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.79 Med: 2.95 Max: 4.35
Current: 1.79

During the past 13 years, the highest Debt-to-Equity Ratio of Quinenco was 4.35. The lowest was 1.79. And the median was 2.95.

XSGO:QUINENCO's Debt-to-Equity is ranked worse than
86.89% of 824 companies
in the Oil & Gas industry
Industry Median: 0.47 vs XSGO:QUINENCO: 1.79

Quinenco Debt-to-Equity Historical Data

The historical data trend for Quinenco'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.

Quinenco Debt-to-Equity Chart

Quinenco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.61

4.17

3.24

2.57

2.35

Quinenco 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															2.32	2.35	2.23	1.91	1.79

Competitive Comparison of Quinenco's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Quinenco'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.

Quinenco's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Quinenco's Debt-to-Equity distribution charts can be found below:

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

Quinenco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quinenco'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
	=	(394060.202	+	18551509.447)	/	8047560.387
	=	2.35

Quinenco's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(239130.182	+	15055883.338)	/	8541311.671
	=	1.79

Quinenco (XSGO:QUINENCO) 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.

Quinenco Debt-to-Equity Related Terms

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

Quinenco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Quinenco SA (XSGO:QUINENCO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Enrique Foster South 20, Piso 14 Las Condes, Santiago, CHL

Website

https://www.quinenco.cl

Quinenco SA is a Chilean business conglomerate. The group operates in five business segment in financial services, transport, energy, port services and Other segments. The majority of its revenue generated from energy segment which includes in the indirect subsidiary Enex, whose main activity is the distribution and marketing of products and services in the areas of Fuels and Lubricants for automotive, industry, aviation and maritime sectors, asphalts (bitumen), chemicals and convenience stores. The company markets its products in Chile, mainly through the Shell brand, as well as in the United States and Paraguay.

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