Orsted A/S (OCSE:ORSTED) Debt-to-Equity : 1.16 (As of Dec. 2023)

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What is Orsted A/S Debt-to-Equity?

Orsted A/S's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr1,192 Mil. Orsted A/S's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr86,854 Mil. Orsted A/S's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr75,885 Mil. Orsted A/S's debt to equity for the quarter that ended in Dec. 2023 was 1.16.

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 Orsted A/S's Debt-to-Equity or its related term are showing as below:

OCSE:ORSTED' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.57 Max: 1.16
Current: 1.16

During the past 11 years, the highest Debt-to-Equity Ratio of Orsted A/S was 1.16. The lowest was 0.33. And the median was 0.57.

OCSE:ORSTED's Debt-to-Equity is ranked worse than
59.43% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.83 vs OCSE:ORSTED: 1.16

Orsted A/S Debt-to-Equity Historical Data

The historical data trend for Orsted A/S'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.

Orsted A/S Debt-to-Equity Chart

Orsted A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.49

0.44

0.71

0.78

1.16

Orsted A/S 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															0.78	0.87	0.87	1.17	1.16

Competitive Comparison of Orsted A/S's Debt-to-Equity

For the Utilities - Renewable subindustry, Orsted A/S'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.

Orsted A/S's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Orsted A/S's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Orsted A/S's Debt-to-Equity falls into.

Orsted A/S Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orsted A/S'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
	=	(1192	+	86854)	/	75885
	=	1.16

Orsted A/S'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
	=	(1192	+	86854)	/	75885
	=	1.16

Orsted A/S (OCSE:ORSTED) 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.

Orsted A/S Debt-to-Equity Related Terms

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Orsted A/S (OCSE:ORSTED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Orsted A/S (OCSE:ORSTED) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DOGEF:USA DNNGY:USA ORSTEc:UK 0RHE:UK D2G:Germany

Address

Kraftvaerksvej 53, Skaerbaek, Fredericia, DNK, DK-7000

Website

https://www.orsted.com

Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2022. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the U.S. Orsted also operates 4.2 GW of onshore wind and solar assets concentrated in the United States. The company is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.

Orsted A/S (OCSE:ORSTED) Headlines

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