Even Construtora Eorporadora (BSP:EVEN3) Debt-to-Equity : 0.72 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Even Construtora Eorporadora Debt-to-Equity?

Even Construtora Eorporadora's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$160 Mil. Even Construtora Eorporadora's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$1,259 Mil. Even Construtora Eorporadora's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R$1,980 Mil. Even Construtora Eorporadora's debt to equity for the quarter that ended in Mar. 2024 was 0.72.

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 Even Construtora Eorporadora's Debt-to-Equity or its related term are showing as below:

BSP:EVEN3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.82 Max: 0.99
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Even Construtora Eorporadora was 0.99. The lowest was 0.17. And the median was 0.82.

BSP:EVEN3's Debt-to-Equity is ranked better than
51.96% of 1578 companies
in the Real Estate industry
Industry Median: 0.755 vs BSP:EVEN3: 0.72

Even Construtora Eorporadora Debt-to-Equity Historical Data

The historical data trend for Even Construtora Eorporadora'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.

Even Construtora Eorporadora Debt-to-Equity Chart

Even Construtora Eorporadora Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.84

0.26

0.17

0.41

0.68

Even Construtora Eorporadora 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															0.42	0.47	0.59	0.68	0.72

Competitive Comparison of Even Construtora Eorporadora's Debt-to-Equity

For the Real Estate - Development subindustry, Even Construtora Eorporadora'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.

Even Construtora Eorporadora's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Even Construtora Eorporadora's Debt-to-Equity distribution charts can be found below:

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

Even Construtora Eorporadora Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Even Construtora Eorporadora'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
	=	(236.286	+	1095.086)	/	1946.402
	=	0.68

Even Construtora Eorporadora'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
	=	(160.494	+	1259.14)	/	1980.145
	=	0.72

Even Construtora Eorporadora (BSP:EVEN3) 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.

Even Construtora Eorporadora Debt-to-Equity Related Terms

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

Even Construtora Eorporadora (BSP:EVEN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Even Construtora E Incorporadora SA (BSP:EVEN3) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Rua Hungria, 1400 - 3rd Floor Garden America, Sao Paulo, SP, BRA, 01455000

Website

http://www.even.com.br

Even Construtora E Incorporadora SA engages in residential property development. The firm develops residential building projects and also offers commercial properties. It is involved in site prospecting, property development, brokerage and project construction activities. Geographically, the company mainly operates in following segments: States of Sao Paulo, Rio de Janeiro and the Rio Grande do Sul and Other Markets. The States of Sao Paulo segment accounts for the majority of the firm's revenue.

Even Construtora Eorporadora (BSP:EVEN3) Headlines

No Headlines