Fertilizantes Heringer (BSP:FHER3) Debt-to-Equity : -3.65 (As of Mar. 2024)

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What is Fertilizantes Heringer Debt-to-Equity?

Fertilizantes Heringer's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$162 Mil. Fertilizantes Heringer's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$337 Mil. Fertilizantes Heringer's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R$-137 Mil. Fertilizantes Heringer's debt to equity for the quarter that ended in Mar. 2024 was -3.65.

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 Fertilizantes Heringer's Debt-to-Equity or its related term are showing as below:

BSP:FHER3' s Debt-to-Equity Range Over the Past 10 Years
Min: -50.55 Med: 2.84 Max: 51.02
Current: -3.65

During the past 13 years, the highest Debt-to-Equity Ratio of Fertilizantes Heringer was 51.02. The lowest was -50.55. And the median was 2.84.

BSP:FHER3's Debt-to-Equity is not ranked
in the Agriculture industry.
Industry Median: 0.36 vs BSP:FHER3: -3.65

Fertilizantes Heringer Debt-to-Equity Historical Data

The historical data trend for Fertilizantes Heringer'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.

Fertilizantes Heringer Debt-to-Equity Chart

Fertilizantes Heringer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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18.44

-4.42

1.57

0.98

51.02

Fertilizantes Heringer 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															1.53	3.79	9.47	51.02	-3.65

Competitive Comparison of Fertilizantes Heringer's Debt-to-Equity

For the Agricultural Inputs subindustry, Fertilizantes Heringer'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.

Fertilizantes Heringer's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Fertilizantes Heringer's Debt-to-Equity distribution charts can be found below:

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

Fertilizantes Heringer Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fertilizantes Heringer'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
	=	(75.273	+	308.234)	/	7.517
	=	51.02

Fertilizantes Heringer'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
	=	(162.247	+	336.651)	/	-136.658
	=	-3.65

Fertilizantes Heringer (BSP:FHER3) 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.

Fertilizantes Heringer Debt-to-Equity Related Terms

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Fertilizantes Heringer (BSP:FHER3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Fertilizantes Heringer SA (BSP:FHER3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avendia Idalino Carvalho, S/N, Bairro Areinha, Viana, ES, BRA, 29135000

Website

http://www.heringer.com.br

Fertilizantes Heringer SA is engaged in the production, marketing, and distribution of fertilizers in Brazil. It offers basic fertilizers, NPK formulas, and special fertilizers. The company also offers various services such as soil analysis incentive programs, technical lectures for farmers, pre-and after-sales support, and specialized technical guidance. The company has two segments: The industrial segment, which comprises the sulfuric acid and single super phosphate plant located in Paranagua; and the Mixing segment, which comprises the company's 11 mixing units. The firm generates the majority of its revenues from the mixing segment.

Fertilizantes Heringer (BSP:FHER3) Headlines

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