Boafra Sementes (BSP:SOJA3) Debt-to-Equity : 0.82 (As of Mar. 2024)

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What is Boafra Sementes Debt-to-Equity?

Boafra Sementes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$591 Mil. Boafra Sementes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$239 Mil. Boafra Sementes's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R$1,007 Mil. Boafra Sementes's debt to equity for the quarter that ended in Mar. 2024 was 0.82.

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 Boafra Sementes's Debt-to-Equity or its related term are showing as below:

BSP:SOJA3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.61 Max: 5.75
Current: 0.82

During the past 6 years, the highest Debt-to-Equity Ratio of Boafra Sementes was 5.75. The lowest was 0.20. And the median was 0.61.

BSP:SOJA3's Debt-to-Equity is ranked worse than
54.17% of 216 companies
in the Agriculture industry
Industry Median: 0.35 vs BSP:SOJA3: 0.82

Boafra Sementes Debt-to-Equity Historical Data

The historical data trend for Boafra Sementes'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.

Boafra Sementes Debt-to-Equity Chart

Boafra Sementes Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.70

1.07

0.23

0.59

0.41

Boafra Sementes Quarterly Data
	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													0.47	0.79	0.78	0.41	0.82

Competitive Comparison of Boafra Sementes's Debt-to-Equity

For the Agricultural Inputs subindustry, Boafra Sementes'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.

Boafra Sementes's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Boafra Sementes's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Boafra Sementes's Debt-to-Equity falls into.

Boafra Sementes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boafra Sementes'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
	=	(44.615	+	560.257)	/	1472.507
	=	0.41

Boafra Sementes'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
	=	(590.705	+	238.789)	/	1007.308
	=	0.82

Boafra Sementes (BSP:SOJA3) 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.

Boafra Sementes Debt-to-Equity Related Terms

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

Boafra Sementes (BSP:SOJA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Boa Safra Sementes SA (BSP:SOJA3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Circular no.211 - A, 1 Setor Industrial, Formosa, GO, BRA, 73813-170

Website

https://boasafrasementes.com.br

Boa Safra Sementes SA is engaged in the production of soybean seeds in Brazil. With the production of certified seeds in partnership with the largest technology providers, it offers treatments with various chemical and genetic components adapted to ensure high rates of germination and vigor. Its complete portfolio of quality soy seeds also includes corn and bean seeds.

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