CenterPoint Energy (BSP:C1NP34) Debt-to-Equity : 1.93 (As of Dec. 2023)

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What is CenterPoint Energy Debt-to-Equity?

CenterPoint Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$5,189 Mil. CenterPoint Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$86,036 Mil. CenterPoint Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$47,366 Mil. CenterPoint Energy's debt to equity for the quarter that ended in Dec. 2023 was 1.93.

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

BSP:C1NP34' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.14 Med: 1.85 Max: 2.53
Current: 1.93

During the past 13 years, the highest Debt-to-Equity Ratio of CenterPoint Energy was 2.53. The lowest was 1.14. And the median was 1.85.

BSP:C1NP34's Debt-to-Equity is ranked worse than
84.39% of 474 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs BSP:C1NP34: 1.93

CenterPoint Energy Debt-to-Equity Historical Data

The historical data trend for CenterPoint 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.

CenterPoint Energy Debt-to-Equity Chart

CenterPoint Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.81

1.61

1.71

1.68

1.93

CenterPoint Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.68	1.59	1.64	1.91	1.93

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

For the Utilities - Regulated Electric subindustry, CenterPoint 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.

CenterPoint Energy's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CenterPoint Energy's Debt-to-Equity distribution charts can be found below:

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

CenterPoint Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CenterPoint Energy'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
	=	(5188.888	+	86035.588)	/	47366.367
	=	1.93

CenterPoint 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
	=	(5188.888	+	86035.588)	/	47366.367
	=	1.93

CenterPoint Energy (BSP:C1NP34) 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.

CenterPoint Energy Debt-to-Equity Related Terms

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

CenterPoint Energy (BSP:C1NP34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CenterPoint Energy Inc (BSP:C1NP34) » Definitions » Debt-to-Equity

Comparable Companies

CMS AEE PPL ES FE AGR DTE ETR LNT EVRG NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

CNP:USA HOU:Germany

Address

1111 Louisiana, Houston, TX, USA, 77002

Website

https://www.centerpointenergy.com

CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems in six states serving approximately 4 million customers.

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