Oi SA Debt/Equity
What is the Debt/Equity of Oi SA?
The Debt/Equity of Oi SA is -1.96
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Communication Services sector on OTC compared to Oi SA
What does Oi SA do?
Oi S.A., a switched fixed-line telephony services concessionaire, provides telecommunication services in Brazil. The company offers fixed telephony services, including voice, data communication, and pay TV services; local and intraregional long-distance carrier services; domestic and international long-distance services; mobile telecommunications and corporate solutions; and maintenance, and repair services. It also provides call center and telemarketing, Internet, network, and Wi-Fi Internet services; and financial, and payment and credit system services. In addition, the company engages in the investment management activities, as well as raising funds in the international market. It serves residential, subscription and prepaid, mobile broadband, small, medium-sized, and large corporate customers. The company was formerly known as Brasil Telecom S.A. and changed its name to Oi S.A. in February 2012. Oi S.A. was founded in 1998 and is headquartered in Rio de Janeiro, Brazil. On June 20, 2016, Oi S.A. along with its subsidiaries filed for bankruptcy protection.
Companies with debt/equity similar to Oi SA
- GCC Global Capital has Debt/Equity of -1.97
- Qualigen Therapeutics has Debt/Equity of -1.97
- Elixxer has Debt/Equity of -1.96
- Gopala Polyplast has Debt/Equity of -1.96
- Affinity and Health has Debt/Equity of -1.96
- WhiteHawk has Debt/Equity of -1.96
- Oi SA has Debt/Equity of -1.96
- SQI Diagnostics has Debt/Equity of -1.95
- Imricor Medical Systems has Debt/Equity of -1.95
- West High Yield (W.H.Y.) Resources has Debt/Equity of -1.95
- Syncom Healthcare has Debt/Equity of -1.95
- Navistar International has Debt/Equity of -1.94
- New West Services has Debt/Equity of -1.94