UGE International (TSXV:UGE) Debt-to-Equity : -4.69 (As of Sep. 2023)

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What is UGE International Debt-to-Equity?

UGE International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$6.08 Mil. UGE International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$100.90 Mil. UGE International's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$-22.81 Mil. UGE International's debt to equity for the quarter that ended in Sep. 2023 was -4.69.

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

TSXV:UGE' s Debt-to-Equity Range Over the Past 10 Years
Min: -29.84 Med: -1.58 Max: 67.85
Current: -4.69

During the past 11 years, the highest Debt-to-Equity Ratio of UGE International was 67.85. The lowest was -29.84. And the median was -1.58.

TSXV:UGE's Debt-to-Equity is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 0.83 vs TSXV:UGE: -4.69

UGE International Debt-to-Equity Historical Data

The historical data trend for UGE International'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.

UGE International Debt-to-Equity Chart

UGE International Annual Data

Trend

Feb13

Feb14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-0.71

-0.67

-1.32

-13.45

-5.23

UGE International Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-7.48	-6.71	-5.23	-5.57	-4.69

Competitive Comparison of UGE International's Debt-to-Equity

For the Utilities - Renewable subindustry, UGE International'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.

UGE International's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

UGE International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

UGE International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(3.652	+	51.517)	/	-10.554
	=	-5.23

UGE International's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(6.078	+	100.903)	/	-22.813
	=	-4.69

UGE International (TSXV:UGE) 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.

UGE International Debt-to-Equity Related Terms

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UGE International (TSXV:UGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » UGE International Ltd (TSXV:UGE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

UGEIF:USA 0UG1:Germany

Address

56 Temperance Street, 7th Floor, Toronto, ON, CAN

Website

https://www.ugei.com

UGE International Ltd is a turnkey commercial solar company, developing, building, and financing solar projects. UGE has over 600 projects and operates in three core markets: the US, Canada, and the Philippines. The company provides a complete turnkey approach, taking projects from conception all the way through to financing and operation, capturing greater margins and recurring revenue for shareholders, while delivering a superior experience to its clientele. It operates in one operating segment: Renewable energy solutions..