Brookfield Renewable (TSX:BEPC) Debt-to-Equity : 2.86 (As of Dec. 2023)

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What is Brookfield Renewable Debt-to-Equity?

Brookfield Renewable's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$2,579 Mil. Brookfield Renewable's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$19,656 Mil. Brookfield Renewable's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$7,764 Mil. Brookfield Renewable's debt to equity for the quarter that ended in Dec. 2023 was 2.86.

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

TSX:BEPC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 2.63 Max: 11.23
Current: 2.86

During the past 7 years, the highest Debt-to-Equity Ratio of Brookfield Renewable was 11.23. The lowest was 0.72. And the median was 2.63.

TSX:BEPC's Debt-to-Equity is ranked worse than
87.86% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.83 vs TSX:BEPC: 2.86

Brookfield Renewable Debt-to-Equity Historical Data

The historical data trend for Brookfield Renewable'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.

Brookfield Renewable Debt-to-Equity Chart

Brookfield Renewable Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.67

11.23

3.79

2.40

2.86

Brookfield Renewable 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															2.40	2.84	2.56	2.07	2.86

Competitive Comparison of Brookfield Renewable's Debt-to-Equity

For the Utilities - Renewable subindustry, Brookfield Renewable'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.

Brookfield Renewable's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

Brookfield Renewable Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brookfield Renewable'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
	=	(2578.555	+	19655.782)	/	7763.839
	=	2.86

Brookfield Renewable'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
	=	(2578.555	+	19655.782)	/	7763.839
	=	2.86

Brookfield Renewable (TSX:BEPC) 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.

Brookfield Renewable Debt-to-Equity Related Terms

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

Brookfield Renewable (TSX:BEPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Brookfield Renewable Corp (TSX:BEPC) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

BEPC:USA

Address

250 Vesey Street, 15th Floor, New York, NY, USA, 10281-1023

Website

https://www.brookfield.com

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.