Ocean Thermal Energy (Ocean Thermal Energy) Debt-to-Equity

: -0.20 (As of Dec. 2023)

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Ocean Thermal Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.63 Mil. Ocean Thermal Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Ocean Thermal Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-43.50 Mil. Ocean Thermal Energy's debt to equity for the quarter that ended in Dec. 2023 was -0.20.

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

CPWR' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.62 Med: -0.37 Max: -0.2
Current: -0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Ocean Thermal Energy was -0.20. The lowest was -0.62. And the median was -0.37.

CPWR's Debt-to-Equity is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 0.83 vs CPWR: -0.20

Ocean Thermal Energy Debt-to-Equity Historical Data

The historical data trend for Ocean Thermal 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.

Ocean Thermal Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.36

-0.30

-0.29

-0.24

-0.20

Ocean Thermal 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															-0.24	-0.24	-0.23	-0.02	-0.20

Competitive Comparison

For the Utilities - Renewable subindustry, Ocean Thermal 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.

Ocean Thermal Energy Debt-to-Equity Distribution

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

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

Ocean Thermal Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ocean Thermal Energy'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
	=	(8.632	+	0)	/	-43.502
	=	-0.20

Ocean Thermal Energy'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
	=	(8.632	+	0)	/	-43.502
	=	-0.20

Ocean Thermal Energy (OTCPK:CPWR) 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.

Ocean Thermal Energy Debt-to-Equity Related Terms

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Ocean Thermal Energy (Ocean Thermal Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ocean Thermal Energy Corp (OTCPK:CPWR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3675 Market Street, Suite 200, Philadelphia, PA, USA, 19104

Website

http://www.otecorporation.com

Ocean Thermal Energy Corp is engaged in the business of developing deep-water hydrothermal technologies to provide renewable energy and drinking water. OTE's Ocean Thermal Energy Conversion (OTEC) and Sea Water Air Conditioning (SWAC) technologies, Lake Source Cooling are designed to take advantage of the difference between cold deep water and warmer surface water to produce hydrothermal energy without requiring fossil fuels. The company is also in the business of facilitating the development of sustainable living communities by creating ecologically sustainable ecovillages powered by fossil-fuel-free electricity, buildings cooled by energy-efficient and chemical-free systems. Ecovillages are communities whose goal is to become more socially, economically, and ecologically sustainable.

Executives

Peter H Wolfson	director	342 N FARM DRIVE, LITITZ PA 17543
Antoinette R. Hempstead	director	7611 S. SCENIC MAPLE DR., WEST JORDAN UT 84081
Jeremy Feakins	director, 10 percent owner, officer: CEO and CFO	800 SOUTH QUEENS ST., LANCASTER PA 17603
Jpf Venture Group, Inc.	10 percent owner	800 SOUTH QUEENS STREET, LANCASTER PA 17603