Pattern Energy Group (Pattern Energy Group) Debt-to-Equity : 4.07 (As of Dec. 2019)

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What is Pattern Energy Group Debt-to-Equity?

Pattern Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $489.0 Mil. Pattern Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $2,912.0 Mil. Pattern Energy Group's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $836.0 Mil. Pattern Energy Group's debt to equity for the quarter that ended in Dec. 2019 was 4.07.

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 Pattern Energy Group's Debt-to-Equity or its related term are showing as below:

PEGI's Debt-to-Equity is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.84
* Ranked among companies with meaningful Debt-to-Equity only.

Pattern Energy Group Debt-to-Equity Historical Data

The historical data trend for Pattern Energy Group'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.

Pattern Energy Group Debt-to-Equity Chart

Pattern Energy Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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2.13

1.58

1.77

2.18

4.07

Pattern Energy Group Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Debt-to-Equity	Get a 7-Day Free Trial															2.18	2.47	2.73	3.25	4.07

Competitive Comparison of Pattern Energy Group's Debt-to-Equity

For the Utilities - Renewable subindustry, Pattern Energy Group'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.

Pattern Energy Group's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Pattern Energy Group's Debt-to-Equity distribution charts can be found below:

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

Pattern Energy Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pattern Energy Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(489	+	2912)	/	836
	=	4.07

Pattern Energy Group's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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
	=	(489	+	2912)	/	836
	=	4.07

Pattern Energy Group (NAS:PEGI) 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.

Pattern Energy Group Debt-to-Equity Related Terms

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Pattern Energy Group (Pattern Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Pattern Energy Group Inc (NAS:PEGI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1088 Sansome Street, San Francisco, CA, USA, 94111

Website

https://patternenergy.com

Pattern Energy Group Inc is an independent power company that owns and operates power projects. The company owns a portfolio of wind power projects located in the U.S., Canada, and Chile. Pattern Energy Group's revenue is primarily generated from the sale of electricity to local utilities under long-term, fixed-price agreements. Most of the company's energy generating facilities are located in the U.S. These American sites are also responsible for the vast majority of its revenue. Pattern Energy Group has made efforts to expand its capacity through projects utilizing alternative forms of renewable energy in Japan and Mexico.

Executives

Alan R Batkin	director	399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Browne Lord Of Madingley	director	C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004
Richard Goodman	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Patricia S. Bellinger	director	712 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10019
R/c Renewable Energy Gp Ii, L.l.c.	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Michael B Hoffman	director	1 GREENWICH OFFICE PARK, GREENWICH CT 06831