Cherkizovo Group PJSC (MIC:GCHE) Debt-to-Equity : 0.98 (As of Dec. 2023)

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What is Cherkizovo Group PJSC Debt-to-Equity?

Cherkizovo Group PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₽64,041 Mil. Cherkizovo Group PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₽52,733 Mil. Cherkizovo Group PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₽119,653 Mil. Cherkizovo Group PJSC's debt to equity for the quarter that ended in Dec. 2023 was 0.98.

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 Cherkizovo Group PJSC's Debt-to-Equity or its related term are showing as below:

MIC:GCHE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.99 Max: 1.41
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of Cherkizovo Group PJSC was 1.41. The lowest was 0.56. And the median was 0.99.

MIC:GCHE's Debt-to-Equity is ranked worse than
77.85% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs MIC:GCHE: 0.98

Cherkizovo Group PJSC Debt-to-Equity Historical Data

The historical data trend for Cherkizovo Group PJSC'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.

Cherkizovo Group PJSC Debt-to-Equity Chart

Cherkizovo Group PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.08

1.00

1.10

1.41

0.98

Cherkizovo Group PJSC Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.10	1.09	1.41	1.10	0.98

Competitive Comparison of Cherkizovo Group PJSC's Debt-to-Equity

For the Packaged Foods subindustry, Cherkizovo Group PJSC'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.

Cherkizovo Group PJSC's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cherkizovo Group PJSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cherkizovo Group PJSC's Debt-to-Equity falls into.

Cherkizovo Group PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cherkizovo Group PJSC'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
	=	(64041	+	52733)	/	119653
	=	0.98

Cherkizovo Group PJSC'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
	=	(64041	+	52733)	/	119653
	=	0.98

Cherkizovo Group PJSC (MIC:GCHE) 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.

Cherkizovo Group PJSC Debt-to-Equity Related Terms

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

Cherkizovo Group PJSC (MIC:GCHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cherkizovo Group PJSC (MIC:GCHE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Cherkizovskaya Street, Topkanovo Village, Kashira, Moscow, RUS, 142931

Website

https://www.cherkizovo.com

Cherkizovo Group PJSC is an integrated diversified meat producer in the Russian Federation. Its business segments are Meat Processing, Chicken, Pork, Grain, and Other. The company generates maximum revenue from the Poultry segment. Its Poultry segment operations consist of breeding, raising and processing broilers, as well as sales of chilled and frozen chicken products. The Meat processing segment operations include the production of two distinct product lines: the Sausages product line, which comprises a wide range of processed meat products, including sausages, ham, hot dogs, and the Pork product line, which comprises production and sales of pork meat.

Cherkizovo Group PJSC (MIC:GCHE) Headlines

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