SIMPAR S.A.

São Paulo Stock Exchange SIMH3.SA

SIMPAR S.A. Debt to Equity Ratio for the year ending December 31, 2023: 13.73

SIMPAR S.A. Debt to Equity Ratio is 13.73 for the year ending December 31, 2023, a -1.56% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • SIMPAR S.A. Debt to Equity Ratio for the year ending December 31, 2022 was 13.95, a 41.96% change year over year.
  • SIMPAR S.A. Debt to Equity Ratio for the year ending December 31, 2021 was 9.83, a 4.66% change year over year.
  • SIMPAR S.A. Debt to Equity Ratio for the year ending December 31, 2020 was 9.39, a -41.00% change year over year.
  • SIMPAR S.A. Debt to Equity Ratio for the year ending December 31, 2019 was 15.91, a -0.13% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
São Paulo Stock Exchange: SIMH3.SA

SIMPAR S.A.

CEO Mr. Fernando Antonio Simoes
IPO Date Sept. 18, 2020
Location Brazil
Headquarters Rua Doutor Renato Paes de Barros
Employees 49,000
Sector Consumer Discretionary
Industries
Description

SIMPAR S.A., through its subsidiaries, provides light vehicle rental, and fleet management and outsourcing services in Brazil. The company offers road cargo transport, urban distribution, commodities logistics, road freight logistics, internal logistics, and chartering and leasing, as well as dry, refrigerated, and frozen warehouse services; car rental and vehicle leasing services through its own stores under the Movida Seminovos brand; trucks, machinery, and heavy equipment rental services; and mechanical, bodywork, and painting services. The company also sells new and used trucks, machinery and equipment, parts, and accessories; manages and outsources fleets of light and heavy vehicle to the public sector, municipal passenger transport, and urban cleaning sectors; and operates a digital financial services platform for truck drivers and digital applications. In addition, it provides brokerage services for automotive insurance; and vehicle and equipment leasing, freight payment, and financial services. The company was founded in 1956 and is headquartered in São Paulo, Brazil. SIMPAR S.A. is a subsidiary of JSP Holding S.A.

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StockViz Staff

February 4, 2025

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