Atlantica Sustainable Infrastructure (Atlantica Sustainable Infrastructure) Debt-to-Equity : 3.85 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Atlantica Sustainable Infrastructure Debt-to-Equity?

Atlantica Sustainable Infrastructure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $421 Mil. Atlantica Sustainable Infrastructure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,065 Mil. Atlantica Sustainable Infrastructure's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,423 Mil. Atlantica Sustainable Infrastructure's debt to equity for the quarter that ended in Dec. 2023 was 3.85.

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 Atlantica Sustainable Infrastructure's Debt-to-Equity or its related term are showing as below:

AY' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.4 Med: 3.55 Max: 4.08
Current: 3.85

During the past 13 years, the highest Debt-to-Equity Ratio of Atlantica Sustainable Infrastructure was 4.08. The lowest was 2.40. And the median was 3.55.

AY's Debt-to-Equity is ranked worse than
92.51% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.83 vs AY: 3.85

Atlantica Sustainable Infrastructure Debt-to-Equity Historical Data

The historical data trend for Atlantica Sustainable Infrastructure'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.

Atlantica Sustainable Infrastructure Debt-to-Equity Chart

Atlantica Sustainable Infrastructure Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

3.70

4.08

3.97

3.52

3.85

Atlantica Sustainable Infrastructure 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															3.52	3.72	3.64	3.67	3.85

Competitive Comparison of Atlantica Sustainable Infrastructure's Debt-to-Equity

For the Utilities - Renewable subindustry, Atlantica Sustainable Infrastructure'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.

Atlantica Sustainable Infrastructure's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Atlantica Sustainable Infrastructure's Debt-to-Equity distribution charts can be found below:

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

Atlantica Sustainable Infrastructure Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlantica Sustainable Infrastructure'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
	=	(421.409	+	5065.055)	/	1423.477
	=	3.85

Atlantica Sustainable Infrastructure'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
	=	(421.409	+	5065.055)	/	1423.477
	=	3.85

Atlantica Sustainable Infrastructure (NAS:AY) 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.

Atlantica Sustainable Infrastructure Debt-to-Equity Related Terms

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

Atlantica Sustainable Infrastructure (Atlantica Sustainable Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Atlantica Sustainable Infrastructure PLC (NAS:AY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AY3:Germany

Address

Great West Road, 17th Floor, Great West House, GW1, Brentford, GBR, TW8 9DF

Website

https://www.atlantica.com

Atlantica Sustainable Infrastructure PLC owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets. It is focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil, and Uruguay) and EMEA (Spain, Algeria and South Africa). The company's segments include North America, South America and Europe, Middle East and Africa. The renewable energy sector includes the company's activities related to the production of electricity from solar power and wind plants. Atlantica derives most of its revenues from EMEA, followed by South America and North America.