Sendas Distribuidora SA Total Debt to Capital Ratio 1 year YoY Change (%) is -3.89% for the quarter ending March 31, 2024, a 50.68% change year over year. The total debt to capital ratio measures the proportion of total debt to the sum of total debt and shareholders' equity. It is calculated by dividing the total debt by the sum of total debt and shareholders' equity. This ratio indicates the level of debt financing relative to the total capital structure of the company. A higher ratio suggests a higher dependency on debt financing compared to equity financing. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.