AGL Energy (ASX:AGL) Debt-to-Equity : 0.49 (As of Dec. 2023)

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What is AGL Energy Debt-to-Equity?

AGL Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$35 Mil. AGL Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$2,669 Mil. AGL Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$5,500 Mil. AGL Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.49.

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

ASX:AGL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.44 Max: 0.64
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of AGL Energy was 0.64. The lowest was 0.34. And the median was 0.44.

ASX:AGL's Debt-to-Equity is ranked better than
66.75% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs ASX:AGL: 0.49

AGL Energy Debt-to-Equity Historical Data

The historical data trend for AGL Energy'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.

AGL Energy Debt-to-Equity Chart

AGL Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.34

0.39

0.58

0.44

0.56

AGL Energy 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															0.64	0.44	0.61	0.56	0.49

Competitive Comparison of AGL Energy's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, AGL Energy'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.

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

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

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

AGL Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AGL Energy's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(47	+	2836)	/	5121
	=	0.56

AGL Energy'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
	=	(35	+	2669)	/	5500
	=	0.49

AGL Energy (ASX:AGL) 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.

AGL Energy Debt-to-Equity Related Terms

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

AGL Energy (ASX:AGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AGL Energy Ltd (ASX:AGL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

AGLXY:USA AGLNF:USA N9Z1:Germany

Address

200 George Street, Level 24, Sydney, NSW, AUS, 2000

Website

https://www.agl.com.au

AGL Energy is one of Australia's largest retailers of electricity and gas. It services over 4 million retail electricity and gas accounts in Australian, or about one third of the market. Profit is dominated by energy generation, underpinned by its low-cost coal-fired generation fleet. Founded in 1837, it is the oldest company on the ASX. Generation capacity comprises a portfolio of renewable, peaking, intermediate, and base-load electricity generation plants.