Localiza Rent a Car S.A.

São Paulo Stock Exchange RENT3.SA

Localiza Rent a Car S.A. Debt to Equity Ratio for the year ending December 31, 2023: 1.65

Localiza Rent a Car S.A. Debt to Equity Ratio is 1.65 for the year ending December 31, 2023, a -0.90% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Localiza Rent a Car S.A. Debt to Equity Ratio for the year ending December 31, 2022 was 1.66, a -4.24% change year over year.
Localiza Rent a Car S.A. Debt to Equity Ratio for the year ending December 31, 2021 was 1.74, a -5.84% change year over year.
Localiza Rent a Car S.A. Debt to Equity Ratio for the year ending December 31, 2020 was 1.84, a 0.22% change year over year.
Localiza Rent a Car S.A. Debt to Equity Ratio for the year ending December 31, 2019 was 1.84, a -25.54% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

São Paulo Stock Exchange: RENT3.SA

Localiza Rent a Car S.A.

CEO	Mr. Bruno Sebastian Lasansky
IPO Date	May 23, 2005
Location	Brazil
Headquarters	Avenida Bernardo Vasconcelos, 377
Employees	21,091
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Automotive Parts Hotels Restaurants Ridesharing Travel

Description

Localiza Rent a Car S.A. engages in car rental and franchising activities. The company is also involved in selling decommissioned cars; providing car parking services; and managing car-related claims for insurance companies. As of December 31, 2021, it operated a fleet of 273,233 cars, and 620 car rental agencies in Brazil and internationally. The company serves individuals, legal entities, and corporations. The company was founded in 1973 and is headquartered in Belo Horizonte, Brazil.

Key trends

Past 5 years