TotalEnergies SE (XPAR:TTE) Debt-to-Equity

: 0.41 (As of Dec. 2023)

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TotalEnergies SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €8,794 Mil. TotalEnergies SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €35,103 Mil. TotalEnergies SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €107,063 Mil. TotalEnergies SE's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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 TotalEnergies SE's Debt-to-Equity or its related term are showing as below:

XPAR:TTE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.54 Max: 0.73
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of TotalEnergies SE was 0.73. The lowest was 0.41. And the median was 0.54.

XPAR:TTE's Debt-to-Equity is ranked better than
52.16% of 832 companies
in the Oil & Gas industry
Industry Median: 0.44 vs XPAR:TTE: 0.41

TotalEnergies SE Debt-to-Equity Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.52

0.73

0.56

0.51

0.41

TotalEnergies SE 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																0.51	0.53	0.49	0.50	0.41

Competitive Comparison

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.

TotalEnergies SE Debt-to-Equity Distribution

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

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

TotalEnergies SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TotalEnergies SE'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
	=	(8794.03	+	35102.76)	/	107062.501
	=	0.41

TotalEnergies SE'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
	=	(8794.03	+	35102.76)	/	107062.501
	=	0.41

TotalEnergies SE (XPAR:TTE) 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.

TotalEnergies SE Debt-to-Equity Related Terms

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

TotalEnergies SE (XPAR:TTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies SE (XPAR:TTE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TTFNF:USA TTE:USA TOT N:Mexico 0A30:UK TTEp:UK TTE:UK TOTB:Germany FP:Austria

Address

2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400

Website

https://www.totalenergies.com

TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 6.8 billion cubic feet of natural gas per day. At end-2022, reserves stood at 10.2 billion barrels of oil equivalent, 56% of which are liquids. During 2021, it had LNG sales of 48.1 Mt. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek. At year-end, its gross installed renewable power generation capacity was 16.8 GW.