Evergent Investments (BSE:EVER) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is Evergent Investments Debt-to-Equity?

Evergent Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was lei13.1 Mil. Evergent Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was lei85.2 Mil. Evergent Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was lei2,671.7 Mil. Evergent Investments's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

BSE:EVER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.04
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Evergent Investments was 0.04. The lowest was 0.01. And the median was 0.01.

BSE:EVER's Debt-to-Equity is ranked better than
86.45% of 1011 companies
in the Asset Management industry
Industry Median: 0.19 vs BSE:EVER: 0.04

Evergent Investments Debt-to-Equity Historical Data

The historical data trend for Evergent Investments'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.

Evergent Investments Debt-to-Equity Chart

Evergent Investments Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.04

Evergent Investments Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial														0.01	0.01	0.01	0.06	0.04

Competitive Comparison of Evergent Investments's Debt-to-Equity

For the Asset Management subindustry, Evergent Investments'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.

Evergent Investments's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Evergent Investments's Debt-to-Equity distribution charts can be found below:

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

Evergent Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evergent Investments'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
	=	(13.116	+	85.15)	/	2671.744
	=	0.04

Evergent Investments'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
	=	(13.116	+	85.15)	/	2671.744
	=	0.04

Evergent Investments (BSE:EVER) 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.

Evergent Investments Debt-to-Equity Related Terms

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Evergent Investments (BSE:EVER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Evergent Investments SA (BSE:EVER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pictor Aman Street 94 C, Bacau, ROU, 600164

Website

https://www.evergent.ro

Evergent Investments SA is a Romanian financial investment company. The group has five reporting segments which include financial investment services, manufacture and sale of agricultural machinery, real estate development (apartments, including parking spaces), cultivation of fruit-bearing trees (blueberries), and Others.