BLSP (Blue Sphere) Debt-to-Equity: -3.03 (As of Dec. 2018)

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What is Blue Sphere Debt-to-Equity?

Blue Sphere BLSP +16.67% Debt-to-Equity is -3.03 as of Dec. 2018.

Blue Sphere's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $13.25 Mil. Blue Sphere's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $14.66 Mil. Blue Sphere's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $-9.21 Mil. Blue Sphere's debt to equity for the quarter that ended in Dec. 2018 was -3.03.

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 Blue Sphere's Debt-to-Equity or its related term are showing as below:

BLSP's Debt-to-Equity is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.85
* Ranked among companies with meaningful Debt-to-Equity only.

Blue Sphere  (OTCPK:BLSP) 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.

Blue Sphere Debt-to-Equity Related Terms

Blue Sphere Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Blue Sphere'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.

Blue Sphere Debt-to-Equity Chart

Blue Sphere Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 -0.26 -3.77 -19.28 -3.03

Blue Sphere Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.28 -9.59 -3.57 -2.36 -3.03

BLSP vs PRHL, ARAO, PWCO: Debt-to-Equity Comparison

For the Utilities - Renewable subindustry, Blue Sphere'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.

Blue Sphere Debt-to-Equity vs Utilities - Independent Power Producers Industry

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

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


Blue Sphere Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Blue Sphere's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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
=(13.252 + 14.658) / -9.211
=-3.03

Blue Sphere's Debt to Equity Ratio for the quarter that ended in Dec. 2018 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
=(13.252 + 14.658) / -9.211
=-3.03

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -3.03 mean?
Blue Sphere (BLSP) has a Debt-to-Equity of -3.03 as of Dec. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Blue Sphere and its competitors.
Is Blue Sphere's Debt-to-Equity too high?
Blue Sphere's current Debt-to-Equity is -3.03.
How does Blue Sphere's Debt-to-Equity compare to PRHL and ARAO?
Blue Sphere's Debt-to-Equity of -3.03 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Debt-to-Equity is 0.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.85, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Blue Sphere and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Sphere's current Debt-to-Equity is -3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Sphere stock overvalued right now?
Blue Sphere (BLSP) has a current Debt-to-Equity of -3.03. The current Debt-to-Equity is -3.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Blue Sphere (BLSP), the current Debt-to-Equity is -3.03 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blue Sphere Business Description

Address 301 McCullough Drive, 4th Floor, Charlotte, NC, USA, 28262
Blue Sphere Corp is an international clean-tech independent power producer that develops, owns and manages waste-to-energy facilities. It focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. Geographically operates the project in the region of United States, Italy, and Israel.