Hapvida Participacoes Investimento (BSP:HAPV3) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is Hapvida Participacoes Investimento Debt-to-Equity?

Hapvida Participacoes Investimento's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$2,585 Mil. Hapvida Participacoes Investimento's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$12,279 Mil. Hapvida Participacoes Investimento's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$49,092 Mil. Hapvida Participacoes Investimento's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 Hapvida Participacoes Investimento's Debt-to-Equity or its related term are showing as below:

BSP:HAPV3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.32 Max: 0.64
Current: 0.3

During the past 10 years, the highest Debt-to-Equity Ratio of Hapvida Participacoes Investimento was 0.64. The lowest was 0.07. And the median was 0.32.

BSP:HAPV3's Debt-to-Equity is ranked worse than
55.12% of 381 companies
in the Insurance industry
Industry Median: 0.24 vs BSP:HAPV3: 0.30

Hapvida Participacoes Investimento Debt-to-Equity Historical Data

The historical data trend for Hapvida Participacoes Investimento'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.

Hapvida Participacoes Investimento Debt-to-Equity Chart

Hapvida Participacoes Investimento Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.42

0.39

0.64

0.29

0.30

Hapvida Participacoes Investimento 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															0.29	0.29	0.30	0.29	0.30

Competitive Comparison of Hapvida Participacoes Investimento's Debt-to-Equity

For the Insurance - Life subindustry, Hapvida Participacoes Investimento'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.

Hapvida Participacoes Investimento's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hapvida Participacoes Investimento's Debt-to-Equity distribution charts can be found below:

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

Hapvida Participacoes Investimento Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hapvida Participacoes Investimento'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
	=	(2585.12	+	12279.303)	/	49092.189
	=	0.30

Hapvida Participacoes Investimento'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
	=	(2585.12	+	12279.303)	/	49092.189
	=	0.30

Hapvida Participacoes Investimento (BSP:HAPV3) 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.

Hapvida Participacoes Investimento Debt-to-Equity Related Terms

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

Hapvida Participacoes Investimento (BSP:HAPV3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hapvida Participacoes Investimento SA (BSP:HAPV3) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 406, Avenue Heraclito Graca, Fortaleza, CE, BRA, 60140-061

Website

https://ri.hapvida.com.br

Hapvida Participacoes Investimento SA is the medical-hospital and dental care company. The Company and its subsidiaries are mainly engaged in: (i) the sale of health insurance plans and delivering the majority of medical assistance at its own hospitals, clinics, imaging diagnostics and laboratories; and (ii) the sale of dental insurance plans for services provided by an accredited network.

Hapvida Participacoes Investimento (BSP:HAPV3) Headlines

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