International Meal Co Alimentacao (BSP:MEAL3) Debt-to-Equity : 1.15 (As of Dec. 2023)

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What is International Meal Co Alimentacao Debt-to-Equity?

International Meal Co Alimentacao's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$177 Mil. International Meal Co Alimentacao's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$1,003 Mil. International Meal Co Alimentacao's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$1,023 Mil. International Meal Co Alimentacao's debt to equity for the quarter that ended in Dec. 2023 was 1.15.

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 International Meal Co Alimentacao's Debt-to-Equity or its related term are showing as below:

BSP:MEAL3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.68 Max: 1.2
Current: 1.15

During the past 13 years, the highest Debt-to-Equity Ratio of International Meal Co Alimentacao was 1.20. The lowest was 0.13. And the median was 0.68.

BSP:MEAL3's Debt-to-Equity is ranked worse than
58.09% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs BSP:MEAL3: 1.15

International Meal Co Alimentacao Debt-to-Equity Historical Data

The historical data trend for International Meal Co Alimentacao'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.

International Meal Co Alimentacao Debt-to-Equity Chart

International Meal Co Alimentacao Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.84

0.93

1.20

1.15

International Meal Co Alimentacao 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															1.15	1.05	1.00	1.03	1.15

Competitive Comparison of International Meal Co Alimentacao's Debt-to-Equity

For the Restaurants subindustry, International Meal Co Alimentacao'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.

International Meal Co Alimentacao's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, International Meal Co Alimentacao's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where International Meal Co Alimentacao's Debt-to-Equity falls into.

International Meal Co Alimentacao Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

International Meal Co Alimentacao'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
	=	(176.724	+	1003.246)	/	1022.851
	=	1.15

International Meal Co Alimentacao'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
	=	(176.724	+	1003.246)	/	1022.851
	=	1.15

International Meal Co Alimentacao (BSP:MEAL3) 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.

International Meal Co Alimentacao Debt-to-Equity Related Terms

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International Meal Co Alimentacao (BSP:MEAL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » International Meal Co Alimentacao SA (BSP:MEAL3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida das Nacoes Unidas, 4.777, 12th Floor, Jardim Universidade Pinheiros, Sao Paulo, SP, BRA, 5477902

Website

http://ri.internationalmealcompany.com

International Meal Co Alimentacao SA is a Brazil-based company principally engaged in the sale of food and beverages to restaurants, snack bars, coffee shops, cafes on motorways, airports, shopping malls, and airline catering services. It also subleases stores and spaces for promotional and commercial purposes in its store chain, upon the sale of fuel, and provides general services related to these segments. The company operates in five segments: Shopping malls, Airports, Highways, the United States of America (USA), and Others. Some of its brands are Viena, Olive Garden, Margaritaville, KFC Brazil, and Pizza Hut Brazil. Its geographical segments are Brazil, The Caribbean, and the USA.

International Meal Co Alimentacao (BSP:MEAL3) Headlines

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