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AES Tiete Energia (AES Tiete Energia) Debt-to-Equity : 2.90 (As of Dec. 2020)


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What is AES Tiete Energia Debt-to-Equity?

AES Tiete Energia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $124.1 Mil. AES Tiete Energia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $915.3 Mil. AES Tiete Energia's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $358.1 Mil. AES Tiete Energia's debt to equity for the quarter that ended in Dec. 2020 was 2.90.

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 AES Tiete Energia's Debt-to-Equity or its related term are showing as below:

AESAY's Debt-to-Equity is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.83
* Ranked among companies with meaningful Debt-to-Equity only.

AES Tiete Energia Debt-to-Equity Historical Data

The historical data trend for AES Tiete Energia'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.

AES Tiete Energia Debt-to-Equity Chart

AES Tiete Energia Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 2.30 2.71 2.98 2.90

AES Tiete Energia Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 2.98 2.85 3.10 3.52 2.90

Competitive Comparison of AES Tiete Energia's Debt-to-Equity

For the Utilities - Renewable subindustry, AES Tiete Energia'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.


AES Tiete Energia's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, AES Tiete Energia's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where AES Tiete Energia's Debt-to-Equity falls into.



AES Tiete Energia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AES Tiete Energia's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

AES Tiete Energia's Debt to Equity Ratio for the quarter that ended in Dec. 2020 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.


AES Tiete Energia  (OTCPK:AESAY) 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.


AES Tiete Energia Debt-to-Equity Related Terms

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AES Tiete Energia (AES Tiete Energia) Business Description

Traded in Other Exchanges
N/A
Address
Avenida das Nacoes Unidas, 12.495, 12th Floor, Condominio Centro Empresarial Berrini, Brooklin Paulista, Barueri, SP, BRA, 6460040
AES Tiete Energia SAis a Brazil-based company engaged in the renewable utility sector. It operates as concessionaire for the use of public assets to generate and trade electric power as Independent Electric Energy Producer. The business activities of generating power are carried out through hydroelectric, wind and solar power plants. The group derives most of the revenue from electricity sales with all operations and sales in Brazil.

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