Federal Grid Company Rosseti PJSC (MIC:FEES) Debt-to-Equity : 0.41 (As of Jun. 2023)

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What is Federal Grid Company Rosseti PJSC Debt-to-Equity?

Federal Grid Company Rosseti PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽157,291 Mil. Federal Grid Company Rosseti PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽460,849 Mil. Federal Grid Company Rosseti PJSC's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₽1,524,821 Mil. Federal Grid Company Rosseti PJSC's debt to equity for the quarter that ended in Jun. 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 Federal Grid Company Rosseti PJSC's Debt-to-Equity or its related term are showing as below:

MIC:FEES' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.33 Max: 0.52
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Federal Grid Company Rosseti PJSC was 0.52. The lowest was 0.25. And the median was 0.33.

MIC:FEES's Debt-to-Equity is ranked better than
70.92% of 478 companies
in the Utilities - Regulated industry
Industry Median: 0.845 vs MIC:FEES: 0.41

Federal Grid Company Rosseti PJSC Debt-to-Equity Historical Data

The historical data trend for Federal Grid Company Rosseti PJSC'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.

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Federal Grid Company Rosseti PJSC Debt-to-Equity Chart

Federal Grid Company Rosseti PJSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.38

0.34

0.29

0.27

0.26

Federal Grid Company Rosseti PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.26	0.25	0.25	0.25	0.41

Competitive Comparison of Federal Grid Company Rosseti PJSC's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Federal Grid Company Rosseti PJSC'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.

Federal Grid Company Rosseti PJSC's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Federal Grid Company Rosseti PJSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Federal Grid Company Rosseti PJSC's Debt-to-Equity falls into.

Federal Grid Company Rosseti PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Federal Grid Company Rosseti PJSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(23769	+	219850)	/	950818
	=	0.26

Federal Grid Company Rosseti PJSC's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(157291	+	460849)	/	1524821
	=	0.41

Federal Grid Company Rosseti PJSC (MIC:FEES) 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.

Federal Grid Company Rosseti PJSC Debt-to-Equity Related Terms

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

Federal Grid Company Rosseti PJSC (MIC:FEES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Federal Grid Company Rosseti PJSC (MIC:FEES) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5A, Akademika Chelomeya Street, Moscow, RUS, 117630

Website

https://www.fsk-ees.ru

Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.

Federal Grid Company Rosseti PJSC (MIC:FEES) Headlines

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