Spark Infrastructure Group (Spark Infrastructure Group) Debt-to-Equity : 0.74 (As of Jun. 2021)

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What is Spark Infrastructure Group Debt-to-Equity?

Spark Infrastructure Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $46.96 Mil. Spark Infrastructure Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $925.46 Mil. Spark Infrastructure Group's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $1,315.29 Mil. Spark Infrastructure Group's debt to equity for the quarter that ended in Jun. 2021 was 0.74.

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

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

Spark Infrastructure Group Debt-to-Equity Historical Data

The historical data trend for Spark Infrastructure 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.

Spark Infrastructure Group Debt-to-Equity Chart

Spark Infrastructure Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.53

0.54

0.62

0.72

0.75

Spark Infrastructure Group Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Debt-to-Equity	Get a 7-Day Free Trial															0.68	0.72	0.84	0.75	0.74

Competitive Comparison of Spark Infrastructure Group's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Spark Infrastructure 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.

Spark Infrastructure Group's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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

Spark Infrastructure Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spark Infrastructure Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(75.822	+	826.774)	/	1201.831
	=	0.75

Spark Infrastructure Group's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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
	=	(46.959	+	925.463)	/	1315.292
	=	0.74

Spark Infrastructure Group (OTCPK:SFDPF) 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.

Spark Infrastructure Group Debt-to-Equity Related Terms

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

Spark Infrastructure Group (Spark Infrastructure Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Spark Infrastructure Group (OTCPK:SFDPF) » Definitions » Debt-to-Equity

Comparable Companies

OGE PNW IDA POR PNM GNE VIA SUME LNT EVRG NEE DUK SO D AEP LSE:NG. EXC XEL ED PEG

Traded in Other Exchanges

N/A

Address

225 George Street, Level 29, Grosvenor Place, Sydney, NSW, AUS, 2000

Website

https://www.sparkinfrastructure.com

Spark Infrastructure owns 49% interests in three electricity distribution companies: Powercor, servicing western suburbs of Melbourne; CitiPower, servicing Melbourne's inner suburbs and central business district; and SA Power Networks, servicing South Australia. Powercor and CitiPower are collectively known as Victoria Power Networks. It also owns 15% of TransGrid, the main electricity transmission network in New South Wales. The assets are heavily regulated, falling under the purview of the Australian Energy Regulator.

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