Elia Group/NV (XBRU:ELI) Debt-to-Equity : 1.97 (As of Dec. 2023)

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What is Elia Group/NV Debt-to-Equity?

Elia Group/NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €755 Mil. Elia Group/NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €9,255 Mil. Elia Group/NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €5,089 Mil. Elia Group/NV's debt to equity for the quarter that ended in Dec. 2023 was 1.97.

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 Elia Group/NV's Debt-to-Equity or its related term are showing as below:

XBRU:ELI' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.09 Med: 1.61 Max: 1.97
Current: 1.97

During the past 13 years, the highest Debt-to-Equity Ratio of Elia Group/NV was 1.97. The lowest was 1.09. And the median was 1.61.

XBRU:ELI's Debt-to-Equity is ranked worse than
85.5% of 476 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs XBRU:ELI: 1.97

Elia Group/NV Debt-to-Equity Historical Data

The historical data trend for Elia Group/NV'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.

Elia Group/NV Debt-to-Equity Chart

Elia Group/NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.62

1.93

1.74

1.61

1.97

Elia Group/NV 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															1.74	1.45	1.61	1.89	1.97

Competitive Comparison of Elia Group/NV's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Elia Group/NV'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.

Elia Group/NV's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Elia Group/NV's Debt-to-Equity falls into.

Elia Group/NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elia Group/NV'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
	=	(755.2	+	9254.8)	/	5088.5
	=	1.97

Elia Group/NV'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
	=	(755.2	+	9254.8)	/	5088.5
	=	1.97

Elia Group/NV (XBRU:ELI) 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.

Elia Group/NV Debt-to-Equity Related Terms

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Elia Group/NV (XBRU:ELI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Elia Group SA/NV (XBRU:ELI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ELIb:UK 0NTU:UK E4S:Germany

Address

Boulevard de l’Empereur 20, Brussels, BEL, B-1000

Website

https://www.eliagroup.eu

Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company primarily generates revenue by serving as the electricity transmission system operator in both Germany and Belgium where it provides electric grid usage. Elia's Belgian and German operations are responsible for nearly all of its revenue. These countries also house most of the company's infrastructure investments. In its capacity as an electricity transmitter, Elia System facilitates long-term, day-ahead, and intraday energy markets.

Elia Group/NV (XBRU:ELI) Headlines

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