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GDF Suez (OTCPK:GDFZY)
Debt to Equity
0.67 (As of Dec. 2014)

GDF Suez's current portion of long-term debt for the quarter that ended in Dec. 2014 was \$11,858 Mil. GDF Suez's long-term debt for the quarter that ended in Dec. 2014 was \$34,116 Mil. GDF Suez's total equity for the quarter that ended in Dec. 2014 was \$69,000 Mil. GDF Suez's debt to equity for the quarter that ended in Dec. 2014 was 0.67.

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.

Definition

Debt to Equity measures the financial leverage a company has.

GDF Suez's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (13547.3251029 + 40362.1399177) / 73374.4855967 = 0.73

GDF Suez's Debt to Equity Ratio for the quarter that ended in Dec. 2014 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (11858.1997534 + 34115.9062885) / 69000 = 0.67

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt divided by Total Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its Return on Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return on Equity companies.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GDF Suez Annual Data

 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 deb2equity 0.43 0.30 1.01 0.98 0.62 0.65 0.67 0.20 0.79 0.74

GDF Suez Semi-Annual Data

 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 deb2equity 0.65 0.67 0.67 0.20 0.89 0.79 0.75 0.71 0.67 0.67
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