Grupo de Inversiones Suramericana (BOG:GRUPOSURA) Debt-to-Equity : 0.26 (As of Dec. 2023)

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What is Grupo de Inversiones Suramericana Debt-to-Equity?

Grupo de Inversiones Suramericana's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was COP89,322 Mil. Grupo de Inversiones Suramericana's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was COP7,692,072 Mil. Grupo de Inversiones Suramericana's Total Stockholders Equity for the quarter that ended in Dec. 2023 was COP30,402,249 Mil. Grupo de Inversiones Suramericana's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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 Grupo de Inversiones Suramericana's Debt-to-Equity or its related term are showing as below:

BOG:GRUPOSURA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.32 Max: 0.41
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Grupo de Inversiones Suramericana was 0.41. The lowest was 0.18. And the median was 0.32.

BOG:GRUPOSURA's Debt-to-Equity is ranked worse than
51.43% of 385 companies
in the Insurance industry
Industry Median: 0.25 vs BOG:GRUPOSURA: 0.26

Grupo de Inversiones Suramericana Debt-to-Equity Historical Data

The historical data trend for Grupo de Inversiones Suramericana'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.

Grupo de Inversiones Suramericana Debt-to-Equity Chart

Grupo de Inversiones Suramericana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.33

0.37

0.32

0.29

0.26

Grupo de Inversiones Suramericana 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															0.29	0.29	0.26	0.26	0.26

Competitive Comparison of Grupo de Inversiones Suramericana's Debt-to-Equity

For the Insurance - Diversified subindustry, Grupo de Inversiones Suramericana'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.

Grupo de Inversiones Suramericana's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Grupo de Inversiones Suramericana's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grupo de Inversiones Suramericana's Debt-to-Equity falls into.

Grupo de Inversiones Suramericana Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grupo de Inversiones Suramericana'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
	=	(89322	+	7692072)	/	30402249
	=	0.26

Grupo de Inversiones Suramericana'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
	=	(89322	+	7692072)	/	30402249
	=	0.26

Grupo de Inversiones Suramericana (BOG:GRUPOSURA) 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.

Grupo de Inversiones Suramericana Debt-to-Equity Related Terms

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Grupo de Inversiones Suramericana (BOG:GRUPOSURA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Grupo de Inversiones Suramericana SA (BOG:GRUPOSURA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PFGRUPSURA:Columbia

Address

Carrera 43A, Number 5A - 113, Ed. One Plaza, North Tower, El Poblado, Medellin, COL, 05001000

Website

https://www.gruposura.com

Grupo de Inversiones Suramericana SA is a Latin American investment holding company with holdings in Colombian entities. Grupo Sura also holds stakes in companies throughout the Americas, including Chile, Mexico, Peru, Colombia, and Uruguay. The group's investment portfolio is mostly concentrated in the financial, pension, insurance, social security, and complimentary services industries. The company also holds smaller stakes in processed food, cement, and energy companies. Grupo Sura targets companies that emphasize innovation and offer complementary services across its portfolio holdings.

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