PanAtlantica (BSP:PATI3) Debt-to-Equity : 0.47 (As of Mar. 2024)

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What is PanAtlantica Debt-to-Equity?

PanAtlantica's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$168 Mil. PanAtlantica's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$237 Mil. PanAtlantica's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R$855 Mil. PanAtlantica's debt to equity for the quarter that ended in Mar. 2024 was 0.47.

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

BSP:PATI3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 0.74 Max: 0.89
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of PanAtlantica was 0.89. The lowest was 0.47. And the median was 0.74.

BSP:PATI3's Debt-to-Equity is ranked worse than
54.08% of 551 companies
in the Steel industry
Industry Median: 0.42 vs BSP:PATI3: 0.47

PanAtlantica Debt-to-Equity Historical Data

The historical data trend for PanAtlantica'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.

PanAtlantica Debt-to-Equity Chart

PanAtlantica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.81

0.66

0.88

0.74

0.48

PanAtlantica 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															0.67	0.59	0.54	0.48	0.47

Competitive Comparison of PanAtlantica's Debt-to-Equity

For the Steel subindustry, PanAtlantica'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.

PanAtlantica's Debt-to-Equity Distribution in the Steel Industry

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

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

PanAtlantica Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PanAtlantica'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
	=	(172.269	+	233.923)	/	840.564
	=	0.48

PanAtlantica'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
	=	(167.611	+	236.695)	/	855.442
	=	0.47

PanAtlantica (BSP:PATI3) 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.

PanAtlantica Debt-to-Equity Related Terms

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PanAtlantica (BSP:PATI3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » PanAtlantica SA (BSP:PATI3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PATI4:Brazil

Address

R Rudolfo Vontobel 600, P.O. Box 152 - Distrito Industrial, Gravataí, RS, BRA, 94045-405

Website

http://www.panatlantica.com.br

PanAtlantica SA produces, trades, imports and exports, and processes steel and other metals. The company's products include cold-rolled strips, strapping bands, sheets and coils, blanks, slit strips and profiles. Additionally, the Company provides steel cutting services through two different processes: slitting, which cuts the steel with rotating shears to form coils, and cut-to-length, which cuts it in flat sheets.

PanAtlantica (BSP:PATI3) Headlines

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