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Evergy (Evergy) Debt-to-Equity : 1.36 (As of Dec. 2023)


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What is Evergy Debt-to-Equity?

Evergy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,094 Mil. Evergy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11,053 Mil. Evergy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $9,663 Mil. Evergy's debt to equity for the quarter that ended in Dec. 2023 was 1.36.

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

EVRG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85   Med: 1.13   Max: 1.36
Current: 1.36

During the past 13 years, the highest Debt-to-Equity Ratio of Evergy was 1.36. The lowest was 0.85. And the median was 1.13.

EVRG's Debt-to-Equity is ranked worse than
67.65% of 476 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs EVRG: 1.36

Evergy Debt-to-Equity Historical Data

The historical data trend for Evergy'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.

Evergy Debt-to-Equity Chart

Evergy 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 1.16 1.18 1.21 1.27 1.36

Evergy 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 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 1.27 1.30 1.35 1.31 1.36

Competitive Comparison of Evergy's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Evergy'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.


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

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

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



Evergy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Evergy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Evergy  (NAS:EVRG) 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.


Evergy Debt-to-Equity Related Terms

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


Evergy (Evergy) Business Description

Traded in Other Exchanges
Address
1200 Main Street, Kansas City, MO, USA, 64105
Evergy is a regulated electric utility serving eastern Kansas and western Missouri. Major operating subsidiaries include Evergy Metro, Evergy Kansas Central, Evergy Missouri West, and Evergy Transmission Co. The utility has a combined rate base of approximately $19 billion, about half in Kansas and the rest split between Missouri and federal jurisdiction. Evergy is one of the largest wind energy suppliers in the U.S.
Executives
Mary L. Landrieu director 100 CENTURYLINK DRIVE, MONROE LA 71203
Neal A Sharma director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Lesley Lissette Elwell officer: SVP & CHIEF HR OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Kevin E. Bryant officer: EVP - CHIEF OPERATING OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
James Scarola director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Charles L King officer: SVP & CHIEF TECHNOLOGY OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
C John Wilder director ENTERGY CORP, 639 LOYOLA AVENUE, NEW ORLEANS LA 70113
Kirkland B Andrews director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
David A Campbell director, officer: PRESIDENT AND CEO C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Thomas D Hyde director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Anthony D Somma officer: EVP - CHIEF FINANCIAL OFFICER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Charles A. Caisley officer: SVP - MKTG & PA & CHIEF CO C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Heather A Humphrey officer: SVP - GEN COUNSEL, CORP SEC C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105

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