AES Andes (XSGO:AESANDES) Debt-to-Equity : 4.67 (As of Sep. 2024)

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What is AES Andes Debt-to-Equity?

AES Andes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was CLP483,097 Mil. AES Andes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was CLP2,262,901 Mil. AES Andes's Total Stockholders Equity for the quarter that ended in Sep. 2024 was CLP588,402 Mil. AES Andes's debt to equity for the quarter that ended in Sep. 2024 was 4.67.

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

XSGO:AESANDES' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.18 Med: 1.63 Max: 4.67
Current: 4.67

During the past 13 years, the highest Debt-to-Equity Ratio of AES Andes was 4.67. The lowest was 1.18. And the median was 1.63.

XSGO:AESANDES's Debt-to-Equity is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 0.87 vs XSGO:AESANDES: 4.67

AES Andes Debt-to-Equity Historical Data

The historical data trend for AES Andes'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.

AES Andes Debt-to-Equity Chart

AES Andes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.63

2.01

2.50

2.86

4.18

AES Andes Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															3.92	4.18	4.11	3.93	4.67

Competitive Comparison of AES Andes's Debt-to-Equity

For the Utilities - Renewable subindustry, AES Andes'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.

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

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

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

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AES Andes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AES Andes'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
	=	(424410.575	+	2073482.576)	/	597036.95
	=	4.18

AES Andes's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(483097.097	+	2262900.534)	/	588402.007
	=	4.67

AES Andes (XSGO:AESANDES) 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.

AES Andes Debt-to-Equity Related Terms

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AES Andes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AES Andes SA (XSGO:AESANDES) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Avenida Rosario Norte 532, Floors 18-20, Los Condes, Santiago, CHL

Website

https://www.aesandes.com

AES Andes SA is an electric utility company involved in the generation and supply of electricity in South America. It owns and operates a portfolio of hydroelectric, coal-fired, diesel-fueled, cogeneration, and natural gas power generation facilities. Most of the energy produced by the company comes from its sites utilizing thermal fuel sources. The company primarily generates revenue from contracted energy and capacity sales. Sales made on the spot market also represent a substantial revenue stream. The company's primary customers are the multiple interconnected energy markets in Chile and Colombia, such as the Central Interconnected System (SIC) and the Great North Interconnected System (SING).

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