CPFL Energia (BSP:CPFE3) Debt-to-Equity : 1.57 (As of Dec. 2023)

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What is CPFL Energia Debt-to-Equity?

CPFL Energia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$7,653 Mil. CPFL Energia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$21,925 Mil. CPFL Energia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$18,879 Mil. CPFL Energia's debt to equity for the quarter that ended in Dec. 2023 was 1.57.

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 CPFL Energia's Debt-to-Equity or its related term are showing as below:

BSP:CPFE3' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.46 Med: 1.86 Max: 2.77
Current: 1.57

During the past 13 years, the highest Debt-to-Equity Ratio of CPFL Energia was 2.77. The lowest was 1.46. And the median was 1.86.

BSP:CPFE3's Debt-to-Equity is ranked worse than
74.79% of 476 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs BSP:CPFE3: 1.57

CPFL Energia Debt-to-Equity Historical Data

The historical data trend for CPFL Energia'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.

CPFL Energia Debt-to-Equity Chart

CPFL Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.46

1.53

1.65

1.73

1.57

CPFL Energia 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	Get a 7-Day Free Trial															1.73	1.54	1.55	1.55	1.57

Competitive Comparison of CPFL Energia's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, CPFL Energia'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.

CPFL Energia's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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

CPFL Energia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CPFL Energia'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
	=	(7652.663	+	21924.552)	/	18879.466
	=	1.57

CPFL Energia'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
	=	(7652.663	+	21924.552)	/	18879.466
	=	1.57

CPFL Energia (BSP:CPFE3) 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.

CPFL Energia Debt-to-Equity Related Terms

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CPFL Energia (BSP:CPFE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CPFL Energia SA (BSP:CPFE3) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

Rua Jorge Figueiredo Corrêa, No 1.632, Jardim Professora Tarcília, Campinas, Sao Paulo, SP, BRA, 13087-397

Website

https://www.cpfl.com.br

CPFL Energia SA is the holding company of the CPFL Group, operating in Brazil's electricity sector, implementing and operating projects and concessions in the energy distribution, generation, transmission, and trading segments and related activities through its subsidiaries and affiliate companies. The Group's operating segments are electric energy distribution, electric energy generation, electric energy commercialization, and services rendered activities. It derives a majority of its revenue from the distribution segment.

CPFL Energia (BSP:CPFE3) Headlines

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