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The AES (FRA:AES) Debt-to-Equity : 10.21 (As of Mar. 2024)


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What is The AES Debt-to-Equity?

The AES's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3,894 Mil. The AES's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €23,340 Mil. The AES's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €2,668 Mil. The AES's debt to equity for the quarter that ended in Mar. 2024 was 10.21.

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 The AES's Debt-to-Equity or its related term are showing as below:

FRA:AES' s Debt-to-Equity Range Over the Past 10 Years
Min: 4.79   Med: 6.67   Max: 10.8
Current: 10.21

During the past 13 years, the highest Debt-to-Equity Ratio of The AES was 10.80. The lowest was 4.79. And the median was 6.67.

FRA:AES's Debt-to-Equity is ranked worse than
98.54% of 478 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs FRA:AES: 10.21

The AES Debt-to-Equity Historical Data

The historical data trend for The AES'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.

The AES Debt-to-Equity Chart

The AES 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 6.73 7.55 6.68 9.64 10.80

The AES 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 10.51 10.65 9.86 10.80 10.21

Competitive Comparison of The AES's Debt-to-Equity

For the Utilities - Diversified subindustry, The AES'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.


The AES's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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



The AES Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

The AES'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.


The AES  (FRA:AES) 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.


The AES Debt-to-Equity Related Terms

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


The AES (FRA:AES) Business Description

Traded in Other Exchanges
Address
4300 Wilson Boulevard, 11th Floor, Arlington, VA, USA, 22203
AES is a global power company. Its current generation portfolio as of year-end 2022 consists of over 32 gigawatts of generation including renewable energy (46%), gas (32%), coal (20%), and oil (2%). AES has majority ownership and operates six electric utilities distributing power to 2.6 million customers.

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