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Xcel Energy (Xcel Energy) Debt-to-Equity : 1.56 (As of Dec. 2023)


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What is Xcel Energy Debt-to-Equity?

Xcel Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,563 Mil. Xcel Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25,951 Mil. Xcel Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17,616 Mil. Xcel Energy's debt to equity for the quarter that ended in Dec. 2023 was 1.56.

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

XEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.25   Med: 1.47   Max: 1.58
Current: 1.56

During the past 13 years, the highest Debt-to-Equity Ratio of Xcel Energy was 1.58. The lowest was 1.25. And the median was 1.47.

XEL's Debt-to-Equity is ranked worse than
74.37% of 476 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs XEL: 1.56

Xcel Energy Debt-to-Equity Historical Data

The historical data trend for Xcel Energy'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.

Xcel Energy Debt-to-Equity Chart

Xcel Energy 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 1.54 1.52 1.58 1.56 1.56

Xcel Energy 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 1.56 1.55 1.59 1.57 1.56

Competitive Comparison of Xcel Energy's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Xcel Energy'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.


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

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

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



Xcel Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Xcel Energy'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.


Xcel Energy  (NAS:XEL) 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.


Xcel Energy Debt-to-Equity Related Terms

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


Xcel Energy (Xcel Energy) Business Description

Traded in Other Exchanges
Address
414 Nicollet Mall, Minneapolis, MN, USA, 55401
Xcel Energy manages utilities serving 3.8 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy owners and suppliers in the U.S. with more than half of its electricity sales coming from carbon-free energy.
Executives
Robert Frenzel director, officer: Chairman, President and CEO 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Amanda J Rome officer: EVP, Group President Utilities 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Timothy A Welsh director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Netha N. Johnson director 3489 CRESTMOOR DRIVE, WOODBURY MN 55125
Patricia L Kampling director PO BOX 2568, MADISON WI 53701
Megan D Burkhart director 1717 MAIN STREET, DALLAS TX 75201
George J Kehl director 414 NICOLLET MALL, MINNEAPOLIS MN 55401
James T Prokopanko director 25990 BIRCH BLUFF ROAD, EXCELSIOR MN 55331
Lynn Casey director 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Kim Williams director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Richard T Obrien director 6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Charles G Pardee director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Daniel Yohannes director 414 NICOLLET MALL, MINNEAPOLIS MN 55014
Christopher J. Policinski director 4001 LEXINGTON AVENUE N., ARDEN HILLS MN 55126
Brett C Carter officer: EVP, Group President Utilitie, other: Chief Customer Officer 414 NICOLLET MALL, 401-9, MINNEAPOLIS MN 55401

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