Grupo Argos (BOG:GRUPOARGOS) Debt-to-Equity : 0.36 (As of Sep. 2023)

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What is Grupo Argos Debt-to-Equity?

Grupo Argos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was COP911,307 Mil. Grupo Argos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was COP6,187,518 Mil. Grupo Argos's Total Stockholders Equity for the quarter that ended in Sep. 2023 was COP19,733,207 Mil. Grupo Argos's debt to equity for the quarter that ended in Sep. 2023 was 0.36.

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

BOG:GRUPOARGOS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.75 Max: 1.17
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Grupo Argos was 1.17. The lowest was 0.35. And the median was 0.75.

BOG:GRUPOARGOS's Debt-to-Equity is ranked better than
53.54% of 353 companies
in the Building Materials industry
Industry Median: 0.39 vs BOG:GRUPOARGOS: 0.36

Grupo Argos Debt-to-Equity Historical Data

The historical data trend for Grupo Argos'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.

Grupo Argos Debt-to-Equity Chart

Grupo Argos Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.00

1.04

0.63

0.57

0.35

Grupo Argos Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.40	0.35	0.36	0.36	0.36

Competitive Comparison of Grupo Argos's Debt-to-Equity

For the Building Materials subindustry, Grupo Argos'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.

Grupo Argos's Debt-to-Equity Distribution in the Building Materials Industry

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

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

Grupo Argos Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grupo Argos's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(979086	+	6400699)	/	21051281
	=	0.35

Grupo Argos's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(911307	+	6187518)	/	19733207
	=	0.36

Grupo Argos (BOG:GRUPOARGOS) 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.

Grupo Argos Debt-to-Equity Related Terms

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

Grupo Argos (BOG:GRUPOARGOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Grupo Argos SA (BOG:GRUPOARGOS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PFGRUPOARG:Columbia

Address

Carrera 43A, No. 1A Sur 143, Santillana Center - South Tower, Medellin, COL

Website

https://www.grupoargos.com

Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America.

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