Veolia Environnement (WBO:VIE) Debt-to-Equity : 1.66 (As of Dec. 2023)

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What is Veolia Environnement Debt-to-Equity?

Veolia Environnement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,145 Mil. Veolia Environnement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €18,315 Mil. Veolia Environnement's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €12,311 Mil. Veolia Environnement's debt to equity for the quarter that ended in Dec. 2023 was 1.66.

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

WBO:VIE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 1.24 Max: 2.05
Current: 1.66

During the past 13 years, the highest Debt-to-Equity Ratio of Veolia Environnement was 2.05. The lowest was 0.30. And the median was 1.24.

WBO:VIE's Debt-to-Equity is ranked worse than
88.84% of 224 companies
in the Waste Management industry
Industry Median: 0.685 vs WBO:VIE: 1.66

Veolia Environnement Debt-to-Equity Historical Data

The historical data trend for Veolia Environnement'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.

Veolia Environnement Debt-to-Equity Chart

Veolia Environnement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.05

1.76

1.13

1.76

1.66

Veolia Environnement Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.13	1.82	1.76	1.85	1.66

Competitive Comparison of Veolia Environnement's Debt-to-Equity

For the Waste Management subindustry, Veolia Environnement'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.

Veolia Environnement's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Veolia Environnement's Debt-to-Equity distribution charts can be found below:

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

Veolia Environnement Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Veolia Environnement'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
	=	(2145	+	18315)	/	12311
	=	1.66

Veolia Environnement'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
	=	(2145	+	18315)	/	12311
	=	1.66

Veolia Environnement (WBO:VIE) 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.

Veolia Environnement Debt-to-Equity Related Terms

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Veolia Environnement (WBO:VIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Veolia Environnement SA (WBO:VIE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VEOEY:USA VEOEF:USA VIEp:UK 0NY8:UK VIE:France VVD:Germany

Address

30, rue Madeleine Vionnet, Aubervilliers, FRA, 93300

Website

http://www.veolia.com

Veolia is the largest water company globally and a leading player in France. It is also involved in waste management with a significant exposure to France, the United Kingdom, Germany, the United States, and Australia. The third pillar of the group is energy services, giving the group significant exposure to Central Europe. Veolia started to refocus its activities in 2011, leading to the exit of almost half of its countries and of its transport activity. The integration of most activities of the historical rival Suez in 2022 drove a turnover increase of nearly 40%.

Veolia Environnement (WBO:VIE) Headlines

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