ENGIE Brasil Energia (BSP:EGIE3) Debt-to-Equity : 2.13 (As of Sep. 2024)

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What is ENGIE Brasil Energia Debt-to-Equity?

ENGIE Brasil Energia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R$2,726 Mil. ENGIE Brasil Energia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R$20,220 Mil. ENGIE Brasil Energia's Total Stockholders Equity for the quarter that ended in Sep. 2024 was R$10,797 Mil. ENGIE Brasil Energia's debt to equity for the quarter that ended in Sep. 2024 was 2.13.

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 ENGIE Brasil Energia's Debt-to-Equity or its related term are showing as below:

BSP:EGIE3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 1.9 Max: 2.62
Current: 2.13

During the past 13 years, the highest Debt-to-Equity Ratio of ENGIE Brasil Energia was 2.62. The lowest was 0.45. And the median was 1.90.

BSP:EGIE3's Debt-to-Equity is ranked worse than
79.9% of 398 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs BSP:EGIE3: 2.13

ENGIE Brasil Energia Debt-to-Equity Historical Data

The historical data trend for ENGIE Brasil Energia'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.

ENGIE Brasil Energia Debt-to-Equity Chart

ENGIE Brasil Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.13

2.18

2.60

2.13

2.33

ENGIE Brasil Energia 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															2.12	2.33	1.97	1.92	2.13

Competitive Comparison of ENGIE Brasil Energia's Debt-to-Equity

For the Utilities - Renewable subindustry, ENGIE Brasil Energia'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.

ENGIE Brasil Energia's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where ENGIE Brasil Energia's Debt-to-Equity falls into.

ENGIE Brasil Energia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ENGIE Brasil Energia'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
	=	(2549.863	+	18127.381)	/	8862.771
	=	2.33

ENGIE Brasil Energia'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
	=	(2726.232	+	20219.642)	/	10797.402
	=	2.13

ENGIE Brasil Energia (BSP:EGIE3) 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.

ENGIE Brasil Energia Debt-to-Equity Related Terms

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ENGIE Brasil Energia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ENGIE Brasil Energia SA (BSP:EGIE3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EGIEY:USA 7TE1:Germany

Address

Rua Pascoal Apostle Pitsica, 5064, Agronomica, Florianopolis, SC, BRA, 88025-255

Website

https://www.engie.com.br

ENGIE Brasil Energia SA develops, operates, and commercializes electric energy power plants in Brazil. The company is engaged in five segments Transmission, Trading, Gas Transportation, Generation, and Solar panels. The majority of the revenue generated by the company is from the Generation segment.

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