Hera SpA (Hera SpA) Debt-to-Equity : 1.38 (As of Dec. 2023)

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What is Hera SpA Debt-to-Equity?

Hera SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $665 Mil. Hera SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,525 Mil. Hera SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,749 Mil. Hera SpA's debt to equity for the quarter that ended in Dec. 2023 was 1.38.

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

HRASF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.05 Med: 1.26 Max: 1.67
Current: 1.38

During the past 13 years, the highest Debt-to-Equity Ratio of Hera SpA was 1.67. The lowest was 1.05. And the median was 1.26.

HRASF's Debt-to-Equity is ranked worse than
68.35% of 474 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs HRASF: 1.38

Hera SpA Debt-to-Equity Historical Data

The historical data trend for Hera SpA'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.

Hera SpA Debt-to-Equity Chart

Hera SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.13

1.26

1.05

1.67

1.38

Hera SpA 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															1.67	0.02	0.02	0.02	1.38

Competitive Comparison of Hera SpA's Debt-to-Equity

For the Utilities - Diversified subindustry, Hera SpA'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.

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

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

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

Hera SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hera SpA'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
	=	(665.322	+	4524.646)	/	3749.4
	=	1.38

Hera SpA'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
	=	(665.322	+	4524.646)	/	3749.4
	=	1.38

Hera SpA (OTCPK:HRASF) 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.

Hera SpA Debt-to-Equity Related Terms

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Hera SpA (Hera SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hera SpA (OTCPK:HRASF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HER:Italy HERm:UK 0NVV:UK HE9:Germany

Address

Viale Carlo Berti Pichat nr. 2/4, Bologna, ITA, 40127

Website

https://www.gruppohera.it

Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates in environmental services (waste collection and treatment); energy services (distribution and sale of electricity and gas); and water services (waterworks, sewerage, and purification). Primarily, Hera operates in the provinces of Bologna, Rimini, Ravenna-Lugo, Forli-Cesena, and Imola-Faenza in northern Italy.