Pacific Gas & Electric Co (Pacific Gas & Electric Co) Debt-to-Equity : 2.28 (As of Mar. 2024)

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What is Pacific Gas & Electric Co Debt-to-Equity?

Pacific Gas & Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4,095.00 Mil. Pacific Gas & Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $54,473.00 Mil. Pacific Gas & Electric Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $25,731.00 Mil. Pacific Gas & Electric Co's debt to equity for the quarter that ended in Mar. 2024 was 2.28.

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 Pacific Gas & Electric Co's Debt-to-Equity or its related term are showing as below:

PCG.PRA.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: 1.03

PCG.PRA.PFD's Debt-to-Equity is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.84 vs PCG.PRA.PFD: 1.03

Pacific Gas & Electric Co Debt-to-Equity Historical Data

The historical data trend for Pacific Gas & Electric Co'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.

Pacific Gas & Electric Co Debt-to-Equity Chart

Pacific Gas & Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.74

2.03

1.62

1.78

1.80

Pacific Gas & Electric Co 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															2.37	1.81	1.80	1.80	2.28

Competitive Comparison of Pacific Gas & Electric Co's Debt-to-Equity

For the Utilities - Diversified subindustry, Pacific Gas & Electric Co'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.

Pacific Gas & Electric Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Pacific Gas & Electric Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pacific Gas & Electric Co's Debt-to-Equity falls into.

Pacific Gas & Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pacific Gas & Electric Co'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
	=	(5686	+	47448)	/	29524
	=	1.80

Pacific Gas & Electric Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(4095	+	54473)	/	25731
	=	2.28

Pacific Gas & Electric Co (AMEX:PCG.PRA.PFD) 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.

Pacific Gas & Electric Co Debt-to-Equity Related Terms

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

Pacific Gas & Electric Co (Pacific Gas & Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pacific Gas & Electric Co (AMEX:PCG.PRA.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PCG.PRI.PFD:USA PCG.PRH.PFD:USA PCG.PRG.PFD:USA PCGpE.PFD:USA PCGpD.PFD:USA PCG.PRC.PFD:USA PCG.PRB.PFD:USA

Address

77 Beale Street, P.O. Box 770000, San Francisco, CA, USA, 94177

Website

http://www.pge.com

Pacific Gas & Electric Co is a vertically integrated electricity and natural gas utility. It operates in northern and central California and are engaged in the businesses of electricity and natural gas distribution.

Executives

Edward G Cannizzaro	director	5130 HACIENDA DRIVE, DUBLIN CA 94568
Stephanie N Williams	officer: VP, CFO, and Controller	77 BEALE STREET, PO BOX 77000, SAN FRANCISCO CA 94177
Carlos M Hernandez	director
Newtyn Management, Llc	10 percent owner	60 EAST 42ND STREET, 9TH FLOOR, NEW YORK NY 10165
Sumeet Singh	officer: EVP/CRO & Chf Safety Ofc	77 BEALE STREET, PO BOX 770000, SAN FRANCISCO CA 94177
Julius Cox	officer: EVP/Ppl, Shrd Svcs & Spply Chn	77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Jason M Glickman	officer: EVP, Engrg, Plng and Strat	77 BEALE STREET, PO BOX 770000, SAN FRANCISCO CA 94177
Marlene Santos	officer: EVP and Chief Customer Officer	77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94117
Adam L Wright	director, officer: EVP, Operations and COO	77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94177
Patricia K Poppe	director	77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Jessica Denecour	director	C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Robert C Flexon	director	1313 N MARKET ST, WILMINGTON DE 19894
Michael R Niggli	director	101 ASH STREET HQ18, SAN DIEGO CA 92101
Dean Seavers	director	70 SUFFOLK ROAD, CHESTNUT HILL MA 02467
Oluwadara Johnson Treseder	director	C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025

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