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Fabrica Tecidos Carlos Renaux (BSP:FTRX4) Debt-to-Equity : -0.18 (As of Dec. 2012)


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What is Fabrica Tecidos Carlos Renaux Debt-to-Equity?

Fabrica Tecidos Carlos Renaux's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2012 was R$23.78 Mil. Fabrica Tecidos Carlos Renaux's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2012 was R$6.09 Mil. Fabrica Tecidos Carlos Renaux's Total Stockholders Equity for the quarter that ended in Dec. 2012 was R$-163.22 Mil. Fabrica Tecidos Carlos Renaux's debt to equity for the quarter that ended in Dec. 2012 was -0.18.

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 Fabrica Tecidos Carlos Renaux's Debt-to-Equity or its related term are showing as below:

BSP:FTRX4's Debt-to-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Fabrica Tecidos Carlos Renaux Debt-to-Equity Historical Data

The historical data trend for Fabrica Tecidos Carlos Renaux'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.

Fabrica Tecidos Carlos Renaux Debt-to-Equity Chart

Fabrica Tecidos Carlos Renaux Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Equity
0.50 0.58 -0.45 -0.22 -0.18

Fabrica Tecidos Carlos Renaux Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-Equity 0.50 0.58 -0.45 -0.22 -0.18

Competitive Comparison of Fabrica Tecidos Carlos Renaux's Debt-to-Equity

For the Textile Manufacturing subindustry, Fabrica Tecidos Carlos Renaux'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.

Fabrica Tecidos Carlos Renaux's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fabrica Tecidos Carlos Renaux's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fabrica Tecidos Carlos Renaux's Debt-to-Equity falls into.


Fabrica Tecidos Carlos Renaux Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fabrica Tecidos Carlos Renaux's Debt to Equity Ratio for the fiscal year that ended in Dec. 2012 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
=(23.78 + 6.088) / -163.216
=-0.18

Fabrica Tecidos Carlos Renaux's Debt to Equity Ratio for the quarter that ended in Dec. 2012 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
=(23.78 + 6.088) / -163.216
=-0.18

* 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.

Fabrica Tecidos Carlos Renaux  (BSP:FTRX4) 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.

Fabrica Tecidos Carlos Renaux Debt-to-Equity Related Terms

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