Caixa Seguridade Participacoes (BSP:CXSE3) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Caixa Seguridade Participacoes Debt-to-Equity?

Caixa Seguridade Participacoes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$0 Mil. Caixa Seguridade Participacoes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$0 Mil. Caixa Seguridade Participacoes's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R$13,429 Mil. Caixa Seguridade Participacoes's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Caixa Seguridade Participacoes's Debt-to-Equity or its related term are showing as below:

BSP:CXSE3's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.25
* Ranked among companies with meaningful Debt-to-Equity only.

Caixa Seguridade Participacoes Debt-to-Equity Historical Data

The historical data trend for Caixa Seguridade Participacoes'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.

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Caixa Seguridade Participacoes Debt-to-Equity Chart

Caixa Seguridade Participacoes Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Caixa Seguridade Participacoes Quarterly Data
	Dec17	Dec18	Dec19	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														-	-	-	-	-

Competitive Comparison of Caixa Seguridade Participacoes's Debt-to-Equity

For the Insurance - Diversified subindustry, Caixa Seguridade Participacoes'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.

Caixa Seguridade Participacoes's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Caixa Seguridade Participacoes's Debt-to-Equity distribution charts can be found below:

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

Caixa Seguridade Participacoes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Caixa Seguridade Participacoes'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
	=	(0	+	0)	/	12585.88
	=	0.00

Caixa Seguridade Participacoes'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
	=	(0	+	0)	/	13429.435
	=	0.00

Caixa Seguridade Participacoes (BSP:CXSE3) 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.

Caixa Seguridade Participacoes Debt-to-Equity Related Terms

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Caixa Seguridade Participacoes (BSP:CXSE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Caixa Seguridade Participacoes SA (BSP:CXSE3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Quadra 3, Bloco E, Edifício CAIXA Matriz II, 3rd floor, Brasilia, DF, BRA

Website

https://www.ri.caixaseguridade.com.br/

Caixa Seguridade Participacoes SA is engaged in the structuring and marketing of a broad range of insurance products, private pension plans, and premium bonds, management, marketing, and offering of private medical and dental care plans, rendering of brokerage services for these products, It has three operating segments; Run-off / Open sea (insurance businesses), Insurance (investment in insurance businesses established as a result of the competitive process of choosing strategic partners to operate the CAIXA branch) and Distribution (businesses related to the management of access to the distribution network and use of the CAIXA brand and the brokerage and intermediation of insurance products).

Caixa Seguridade Participacoes (BSP:CXSE3) Headlines

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