Blue Sphere (Blue Sphere) Debt-to-Equity : -3.03 (As of Dec. 2018)

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What is Blue Sphere Debt-to-Equity?

Blue Sphere's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $13.25 Mil. Blue Sphere's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $14.66 Mil. Blue Sphere's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $-9.21 Mil. Blue Sphere's debt to equity for the quarter that ended in Dec. 2018 was -3.03.

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 Blue Sphere's Debt-to-Equity or its related term are showing as below:

BLSP's Debt-to-Equity is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.79
* Ranked among companies with meaningful Debt-to-Equity only.

Blue Sphere Debt-to-Equity Historical Data

The historical data trend for Blue Sphere'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.

Blue Sphere Debt-to-Equity Chart

Blue Sphere Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Dec16

Dec17

Dec18

Debt-to-Equity

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1.18

-0.26

-3.77

-19.28

-3.03

Blue Sphere Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Debt-to-Equity	Get a 7-Day Free Trial															-19.28	-9.59	-3.57	-2.36	-3.03

Competitive Comparison of Blue Sphere's Debt-to-Equity

For the Utilities - Renewable subindustry, Blue Sphere'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.

Blue Sphere's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Sphere's Debt-to-Equity distribution charts can be found below:

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

Blue Sphere Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blue Sphere's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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
	=	(13.252	+	14.658)	/	-9.211
	=	-3.03

Blue Sphere's Debt to Equity Ratio for the quarter that ended in Dec. 2018 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
	=	(13.252	+	14.658)	/	-9.211
	=	-3.03

Blue Sphere (GREY:BLSP) 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.

Blue Sphere Debt-to-Equity Related Terms

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

Blue Sphere (Blue Sphere) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Blue Sphere Corp (GREY:BLSP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 McCullough Drive, 4th Floor, Charlotte, NC, USA, 28262

Website

http://www.bluespherecorporate.com

Blue Sphere Corp is an international clean-tech independent power producer that develops, owns and manages waste-to-energy facilities. It focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. Geographically operates the project in the region of United States, Italy, and Israel.

Executives

Yosef Keret	officer: Chief Financial Officer	4 YEHOSHUA BEN NOON ST., HOD HASHARON L3 4523602
Ran Daniel	officer: Chief Financial Officer	101 WEST 90TH STREET, NEW YORK NY 10024
Lyron L Bentovim	other: Former Director	60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Lazarus Israel Opportunities Fund Lllp	10 percent owner	C/O IBEX GP LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Investment Partners Lllp	10 percent owner	C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Justin B Borus	10 percent owner	260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Management Co Llc	10 percent owner	260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Dr Borenstein Ltd	10 percent owner	18 REINES ST, TEL AVIV L3 00000
Alex Weber	officer: Chief Financial Officer	POB - 961, NARKIS 2, KOHAV YAIR L3 44864