Galp Energia SGPS (LTS:0B67) Debt-to-Equity : 1.23 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Galp Energia SGPS Debt-to-Equity?

Galp Energia SGPS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €841 Mil. Galp Energia SGPS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4,569 Mil. Galp Energia SGPS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €4,409 Mil. Galp Energia SGPS's debt to equity for the quarter that ended in Dec. 2023 was 1.23.

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.

The historical rank and industry rank for Galp Energia SGPS's Debt-to-Equity or its related term are showing as below:

LTS:0B67' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 0.84 Max: 1.8
Current: 1.23

During the past 13 years, the highest Debt-to-Equity Ratio of Galp Energia SGPS was 1.80. The lowest was 0.58. And the median was 0.84.

LTS:0B67's Debt-to-Equity is ranked worse than
79.88% of 830 companies
in the Oil & Gas industry
Industry Median: 0.44 vs LTS:0B67: 1.23

Galp Energia SGPS Debt-to-Equity Historical Data

The historical data trend for Galp Energia SGPS's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Galp Energia SGPS Debt-to-Equity Chart

Galp Energia SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.93

1.53

1.80

1.27

1.23

Galp Energia SGPS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.27	1.07	1.09	1.10	1.23

Competitive Comparison of Galp Energia SGPS's Debt-to-Equity

For the Oil & Gas Integrated subindustry, Galp Energia SGPS's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Galp Energia SGPS's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Galp Energia SGPS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Galp Energia SGPS's Debt-to-Equity falls into.

Galp Energia SGPS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Galp Energia SGPS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(841	+	4569)	/	4409
	=	1.23

Galp Energia SGPS's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(841	+	4569)	/	4409
	=	1.23

Galp Energia SGPS (LTS:0B67) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

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

Galp Energia SGPS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Galp Energia SGPS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Galp Energia SGPS (LTS:0B67) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Galp Energia SGPS SA (LTS:0B67) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GLPEY:USA GLPEF:USA GALP:Portugal GALPu:UK GZ5:Germany

Address

Rua Tomas da Fonseca, Torre A, Lisboa, PRT, 1600-209

Website

https://www.galp.com

Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables and New Businesses. The Upstream segment involves the management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New businesses segment represents Galp's presence in the renewable and new energies space.

Galp Energia SGPS (LTS:0B67) Headlines

No Headlines