Thessaloniki Water Supply & Sewerage Co (ATH:EYAPS) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Thessaloniki Water Supply & Sewerage Co Debt-to-Equity?

Thessaloniki Water Supply & Sewerage Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.13 Mil. Thessaloniki Water Supply & Sewerage Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.05 Mil. Thessaloniki Water Supply & Sewerage Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €178.65 Mil. Thessaloniki Water Supply & Sewerage Co's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Thessaloniki Water Supply & Sewerage Co's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Thessaloniki Water Supply & Sewerage Co was 0.01. The lowest was 0.00. And the median was 0.00.

ATH:EYAPS's Debt-to-Equity is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.86
* Ranked among companies with meaningful Debt-to-Equity only.

Thessaloniki Water Supply & Sewerage Co Debt-to-Equity Historical Data

The historical data trend for Thessaloniki Water Supply & Sewerage Co'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.

Thessaloniki Water Supply & Sewerage Co Debt-to-Equity Chart

Thessaloniki Water Supply & Sewerage Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

Thessaloniki Water Supply & Sewerage Co 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															0.01	0.01	0.01	-	-

Competitive Comparison of Thessaloniki Water Supply & Sewerage Co's Debt-to-Equity

For the Utilities - Regulated Water subindustry, Thessaloniki Water Supply & Sewerage Co'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.

Thessaloniki Water Supply & Sewerage Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Thessaloniki Water Supply & Sewerage Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Thessaloniki Water Supply & Sewerage Co's Debt-to-Equity falls into.

Thessaloniki Water Supply & Sewerage Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thessaloniki Water Supply & Sewerage Co'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
	=	(0.131	+	0.046)	/	178.646
	=	0.00

Thessaloniki Water Supply & Sewerage Co'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
	=	(0.131	+	0.046)	/	178.646
	=	0.00

Thessaloniki Water Supply & Sewerage Co (ATH:EYAPS) 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.

Thessaloniki Water Supply & Sewerage Co Debt-to-Equity Related Terms

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Thessaloniki Water Supply & Sewerage Co (ATH:EYAPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Thessaloniki Water Supply & Sewerage Co SA (ATH:EYAPS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

T9W:Germany

Address

91 Tsimiski Street, Thessaloniki, GRC, 54635

Website

https://www.eyath.gr

Thessaloniki Water Supply & Sewerage Co SA is engaged in providing water supply and sewerage services. The company also provides telecommunication services and the production and sale of electricity. The operating segments of the company are the provision of water supply services and the provision of sewerage services where a provision of water supply services derives a majority of revenue.

Thessaloniki Water Supply & Sewerage Co (ATH:EYAPS) Headlines

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