GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NextEra Energy Inc (NYSE:NEE) » Definitions » Debt-to-Equity
中文

NextEra Energy (NextEra Energy) Debt-to-Equity : 1.64 (As of Mar. 2024)


View and export this data going back to 1972. Start your Free Trial

What is NextEra Energy Debt-to-Equity?

NextEra Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $14,069 Mil. NextEra Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $65,868 Mil. NextEra Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $48,641 Mil. NextEra Energy's debt to equity for the quarter that ended in Mar. 2024 was 1.64.

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 NextEra Energy's Debt-to-Equity or its related term are showing as below:

NEE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95   Med: 1.38   Max: 1.75
Current: 1.64

During the past 13 years, the highest Debt-to-Equity Ratio of NextEra Energy was 1.75. The lowest was 0.95. And the median was 1.38.

NEE's Debt-to-Equity is ranked worse than
77.1% of 476 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs NEE: 1.64

NextEra Energy Debt-to-Equity Historical Data

The historical data trend for NextEra Energy'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.

NextEra Energy Debt-to-Equity Chart

NextEra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.32 1.47 1.66 1.54

NextEra Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 1.61 1.56 1.54 1.64

Competitive Comparison of NextEra Energy's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, NextEra Energy'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.


NextEra Energy's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NextEra Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NextEra Energy's Debt-to-Equity falls into.



NextEra Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NextEra Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

NextEra Energy's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


NextEra Energy  (NYSE:NEE) 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.


NextEra Energy Debt-to-Equity Related Terms

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


NextEra Energy (NextEra Energy) Business Description

Address
700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 32 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.
Executives
Armando Jr Pimentel other: President & CEO of Sub C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408
Nicole S Arnaboldi director 700 UNIVERSE BLVD., JUNO BEACH FL 33408
Maria Henry director C/O THE HILLSHIRE BRANDS COMPANY, 3500 LACEY ROAD, DOWNERS GROVE IL 60515
Kirk S Hachigian director C/O COOPER INDUSTRIES INC, 600 TRAVIS STE 5800, HOUSTON TX 77002
James Lawrence Camaren director C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Robert Coffey officer: EVP, Nuclear Div & CNO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
John W Ketchum officer: EVP, Finance & CFO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Deborah L Stahlkopf director C/O CISCO SYSTEMS, INC., 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
David L Porges director 700 UNIVERSE BLVD, C/O NEXTERA ENERGY, INC., JUNO BEACH FL 33408
Crews Terrell Kirk Ii officer: VP, Controller and CAO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
John A Stall director C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Amy B Lane director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Michael Dunne officer: Treasurer 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Mark Lemasney officer: EVP Power Generation Div., other: EVP Power Generation Div-Sub 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Miguel Arechabala officer: EVP, Power Generation Division, other: EVP, Power Generation Div-Sub 700 UNIVERSE BLVD, JUNO BEACH FL 33408