Vistra (Vistra) Debt-to-Equity : 2.77 (As of Dec. 2023)

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What is Vistra Debt-to-Equity?

Vistra's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,293.00 Mil. Vistra's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12,391.00 Mil. Vistra's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,307.00 Mil. Vistra's debt to equity for the quarter that ended in Dec. 2023 was 2.77.

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

VST.WS.A' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.06 Med: 1.33 Max: 2.77
Current: 2.77

During the past 10 years, the highest Debt-to-Equity Ratio of Vistra was 2.77. The lowest was -0.06. And the median was 1.33.

VST.WS.A's Debt-to-Equity is ranked worse than
87.34% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs VST.WS.A: 2.77

Vistra Debt-to-Equity Historical Data

The historical data trend for Vistra'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.

Vistra Debt-to-Equity Chart

Vistra Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.42

1.18

1.33

2.72

2.77

Vistra 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															2.72	2.47	2.29	2.54	2.77

Competitive Comparison of Vistra's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Vistra'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.

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

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

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

Vistra Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vistra'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
	=	(2293	+	12391)	/	5307
	=	2.77

Vistra'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
	=	(2293	+	12391)	/	5307
	=	2.77

Vistra (NYSE:VST.WS.A) 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.

Vistra Debt-to-Equity Related Terms

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

Vistra (Vistra) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vistra Corp (NYSE:VST.WS.A) » Definitions » Debt-to-Equity

Traded in Other Exchanges

VST:USA 0V6:Germany 0V6:Germany

Address

6555 Sierra Drive, Irving, TX, USA, 75039

Website

https://www.vistracorp.com

Vistra Energy is one of the largest power producers and retail energy providers in the U.S. Excluding the Energy Harbor acquisition, Vistra owns and operates 38 gigawatts of nuclear, coal, natural gas, and solar power generation. Its retail electricity segment serves 4.3 million customers in 20 states. Vistra's retail business serves almost one third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018 and plans to close the Energy Harbor acquisition in 2023.