ENCE Energia y Celulosa (ENCE Energia y Celulosa) Debt-to-Equity : 1.08 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is ENCE Energia y Celulosa Debt-to-Equity?

ENCE Energia y Celulosa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $157.39 Mil. ENCE Energia y Celulosa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $483.91 Mil. ENCE Energia y Celulosa's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $592.25 Mil. ENCE Energia y Celulosa's debt to equity for the quarter that ended in Mar. 2024 was 1.08.

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 ENCE Energia y Celulosa's Debt-to-Equity or its related term are showing as below:

EEYCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 0.79 Max: 1.49
Current: 1.08

During the past 13 years, the highest Debt-to-Equity Ratio of ENCE Energia y Celulosa was 1.49. The lowest was 0.47. And the median was 0.79.

EEYCF's Debt-to-Equity is ranked worse than
78.41% of 264 companies
in the Forest Products industry
Industry Median: 0.505 vs EEYCF: 1.08

ENCE Energia y Celulosa Debt-to-Equity Historical Data

The historical data trend for ENCE Energia y Celulosa'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.

ENCE Energia y Celulosa Debt-to-Equity Chart

ENCE Energia y Celulosa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.95

0.97

0.90

0.47

1.02

ENCE Energia y Celulosa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															0.73	0.93	1.10	1.02	1.08

Competitive Comparison of ENCE Energia y Celulosa's Debt-to-Equity

For the Paper & Paper Products subindustry, ENCE Energia y Celulosa'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.

ENCE Energia y Celulosa's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, ENCE Energia y Celulosa's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ENCE Energia y Celulosa's Debt-to-Equity falls into.

ENCE Energia y Celulosa Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ENCE Energia y Celulosa'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
	=	(186.864	+	404.823)	/	582.401
	=	1.02

ENCE Energia y Celulosa'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
	=	(157.391	+	483.913)	/	592.253
	=	1.08

ENCE Energia y Celulosa (OTCPK:EEYCF) 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.

ENCE Energia y Celulosa Debt-to-Equity Related Terms

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

ENCE Energia y Celulosa (ENCE Energia y Celulosa) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » ENCE Energia y Celulosa SA (OTCPK:EEYCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ENCe:UK 0K96:UK ENC:Spain ENCA:Germany

Address

Beatriz de Bobadilla, 14, Madrid, ESP, 28040

Website

https://www.ence.es

ENCE Energia y Celulosa SA produces and sells pulp. The company owns and manages eucalyptus forests throughout Spain and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Over half of the company's pulp is sold to tissue paper producers. Other customers include manufacturers of specialty paper, printing and writing paper, and packaging paper. Ence also generates and sells electricity from forest biomass. The vast majority of revenue comes from Europe.