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Despegar.com (BUE:DESP) Equity-to-Asset : -0.13 (As of Sep. 2023)


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What is Despegar.com Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Despegar.com's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ARS-40,383 Mil. Despegar.com's Total Assets for the quarter that ended in Sep. 2023 was ARS312,740 Mil. Therefore, Despegar.com's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.13.

The historical rank and industry rank for Despegar.com's Equity-to-Asset or its related term are showing as below:

BUE:DESP' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.24   Med: 0.09   Max: 0.36
Current: -0.13

During the past 8 years, the highest Equity to Asset Ratio of Despegar.com was 0.36. The lowest was -0.24. And the median was 0.09.

BUE:DESP's Equity-to-Asset is ranked worse than
93.1% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.465 vs BUE:DESP: -0.13

Despegar.com Equity-to-Asset Historical Data

The historical data trend for Despegar.com's Equity-to-Asset 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.

Despegar.com Equity-to-Asset Chart

Despegar.com Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.32 0.24 0.11 -0.04 -0.16

Despegar.com Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset 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 -0.14 -0.16 -0.16 -0.12 -0.13

Competitive Comparison of Despegar.com's Equity-to-Asset

For the Travel Services subindustry, Despegar.com's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Despegar.com's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Despegar.com's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Despegar.com's Equity-to-Asset falls into.



Despegar.com Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Despegar.com's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-21316.697/134822.785
=-0.16

Despegar.com's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-40382.831/312740.175
=-0.13

* 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.


Despegar.com  (BUE:DESP) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Despegar.com Equity-to-Asset Related Terms

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


Despegar.com (BUE:DESP) Business Description

Traded in Other Exchanges
Address
Juana Manso 1069, Floor 5, Buenos Aires, ARG, C1107CBU
Despegar.com Corp is an online travel company in Latin America. Its product offering includes airline tickets, packages, hotels, and other travel-related products, which enables consumers to find, compare, plan and purchase travel products easily through its marketplace. The company provides a technology platform for managing the distribution of products and access to users to the network of travel suppliers. It operates through two segments: Air, which consists of the sale of airline tickets; and Packages, Hotels, and Other Travel Products, which consists of travel packages, as well as sales of hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance and destination services. Its geographical segments are Argentina, Brazil, Uruguay, Mexico, and other countries.