Altri SGPS (XLIS:ALTR) Debt-to-Equity : 1.71 (As of Dec. 2023)

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What is Altri SGPS Debt-to-Equity?

Altri SGPS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €141.2 Mil. Altri SGPS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €556.1 Mil. Altri SGPS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €407.4 Mil. Altri SGPS's debt to equity for the quarter that ended in Dec. 2023 was 1.71.

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

XLIS:ALTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.06 Med: 1.69 Max: 2.87
Current: 1.71

During the past 13 years, the highest Debt-to-Equity Ratio of Altri SGPS was 2.87. The lowest was 1.06. And the median was 1.69.

XLIS:ALTR's Debt-to-Equity is ranked worse than
89.81% of 265 companies
in the Forest Products industry
Industry Median: 0.5 vs XLIS:ALTR: 1.71

Altri SGPS Debt-to-Equity Historical Data

The historical data trend for Altri SGPS'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.

Altri SGPS Debt-to-Equity Chart

Altri SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.66

1.81

1.22

1.06

1.71

Altri SGPS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.12	1.06	1.66	1.72	1.71

Competitive Comparison of Altri SGPS's Debt-to-Equity

For the Paper & Paper Products subindustry, Altri SGPS'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.

Altri SGPS's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Altri SGPS's Debt-to-Equity distribution charts can be found below:

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

Altri SGPS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Altri SGPS'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
	=	(141.199	+	556.065)	/	407.422
	=	1.71

Altri SGPS'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
	=	(141.199	+	556.065)	/	407.422
	=	1.71

Altri SGPS (XLIS:ALTR) 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.

Altri SGPS Debt-to-Equity Related Terms

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

Altri SGPS (XLIS:ALTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Altri SGPS SA (XLIS:ALTR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0DJV:UK ACJ:Germany

Address

Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320

Website

https://www.altri.pt

Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Around half of the company's pulp is sold to tissue paper producers, while other main end products include writing and printing paper, and soluble paste, which is used in the production of textiles. It also generates and sells electricity from biomass. The majority of revenue comes from Europe.