GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Equatorial MaranhaoDistribuidora de Energia SA (BSP:EQMA3B) » Definitions » Debt-to-Equity

Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Debt-to-Equity : 0.84 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Equatorial MaranhaoDistribuidora de Energia Debt-to-Equity?

Equatorial MaranhaoDistribuidora de Energia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$363 Mil. Equatorial MaranhaoDistribuidora de Energia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$2,786 Mil. Equatorial MaranhaoDistribuidora de Energia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$3,756 Mil. Equatorial MaranhaoDistribuidora de Energia's debt to equity for the quarter that ended in Dec. 2023 was 0.84.

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 Equatorial MaranhaoDistribuidora de Energia's Debt-to-Equity or its related term are showing as below:

BSP:EQMA3B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71   Med: 0.86   Max: 1.29
Current: 0.84

During the past 13 years, the highest Debt-to-Equity Ratio of Equatorial MaranhaoDistribuidora de Energia was 1.29. The lowest was 0.71. And the median was 0.86.

BSP:EQMA3B's Debt-to-Equity is ranked better than
50.63% of 478 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs BSP:EQMA3B: 0.84

Equatorial MaranhaoDistribuidora de Energia Debt-to-Equity Historical Data

The historical data trend for Equatorial MaranhaoDistribuidora de 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.

Equatorial MaranhaoDistribuidora de Energia Debt-to-Equity Chart

Equatorial MaranhaoDistribuidora de Energia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.82 0.71 0.71 0.84

Equatorial MaranhaoDistribuidora de Energia 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 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 0.71 0.68 0.69 0.73 0.84

Competitive Comparison of Equatorial MaranhaoDistribuidora de Energia's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Equatorial MaranhaoDistribuidora de 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.


Equatorial MaranhaoDistribuidora de Energia's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Equatorial MaranhaoDistribuidora de Energia's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Equatorial MaranhaoDistribuidora de Energia's Debt-to-Equity falls into.



Equatorial MaranhaoDistribuidora de Energia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Equatorial MaranhaoDistribuidora de Energia's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equatorial MaranhaoDistribuidora de Energia's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Equatorial MaranhaoDistribuidora de Energia  (BSP:EQMA3B) 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.


Equatorial MaranhaoDistribuidora de Energia Debt-to-Equity Related Terms

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


Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Business Description

Traded in Other Exchanges
N/A
Address
Alameda A, Qd SQS, No. 100, Quiteandinha Altos do Calhau, Sao Luis, MA, BRA, 65070-900
Equatorial MaranhaoDistribuidora de Energia SA develops, produces and generates electric power. The company distributes electric energy for residential, commercial, rural and industrial consumption, corporate, real estate, and public power customers in Brazil.

Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Headlines

No Headlines