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SSE (SSEZF) Debt-to-Equity : 0.89 (As of Sep. 2023)


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What is SSE Debt-to-Equity?

SSE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,726 Mil. SSE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $9,354 Mil. SSE's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $12,391 Mil. SSE's debt to equity for the quarter that ended in Sep. 2023 was 0.89.

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

SSEZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.87   Med: 1.34   Max: 2.13
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of SSE was 2.13. The lowest was 0.87. And the median was 1.34.

SSEZF's Debt-to-Equity is ranked worse than
51.68% of 476 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs SSEZF: 0.89

SSE Debt-to-Equity Historical Data

The historical data trend for SSE'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.

SSE Debt-to-Equity Chart

SSE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 2.01 1.41 0.99 0.87

SSE Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.29 0.99 0.96 0.87 0.89

Competitive Comparison of SSE's Debt-to-Equity

For the Utilities - Diversified subindustry, SSE'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.


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

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

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



SSE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SSE's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

SSE's Debt to Equity Ratio for the quarter that ended in Sep. 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.


SSE  (OTCPK:SSEZF) 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.


SSE Debt-to-Equity Related Terms

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


SSE (SSEZF) Business Description

Traded in Other Exchanges
Address
200 Dunkeld Road, Inveralmond House, Perth, Perthshire, GBR, PH1 3AQ
SSE is an energy holding company based in the United Kingdom. The bulk of SSE's profit comes from the company's 10.8 GW of power generation and its electricity transmission and distribution networks . The firm is also involved in smaller related businesses such as gas storage and energy services.

SSE (SSEZF) Headlines

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