Taqa Morocco (CAS:TQM) Debt-to-Equity: 1.43 (As of Dec. 2025) — 19% Below Median

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CAS:TQM Taqa Morocco SA CAS:TQM
72 GF Score
Price MAD1,750.00
GF Value MAD1,232.52
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Taqa Morocco Debt-to-Equity?

Taqa Morocco CAS:TQM +2.34% 72 Debt-to-Equity is 1.43 as of Dec. 2025, which is 19% below its 10-year median of 1.77. GuruFocus rates CAS:TQM with a GF Score™ of 72/100 and a GF Value™ of MAD1,232.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, Taqa Morocco ranks worse than 65.82% on this metric.

Taqa Morocco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was MAD0 Mil. Taqa Morocco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was MAD9,679 Mil. Taqa Morocco's Total Stockholders Equity for the quarter that ended in Dec. 2025 was MAD6,773 Mil. Taqa Morocco's debt to equity for the quarter that ended in Dec. 2025 was 1.43.

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 Taqa Morocco's Debt-to-Equity or its related term are showing as below:

CAS:TQM' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.43   Med: 1.77   Max: 2.67
Current: 1.43

During the past 13 years, the highest Debt-to-Equity Ratio of Taqa Morocco was 2.67. The lowest was 1.43. And the median was 1.77.

CAS:TQM's Debt-to-Equity is ranked worse than
65.82% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs CAS:TQM: 1.43

Taqa Morocco  (CAS:TQM) 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.


Taqa Morocco Debt-to-Equity Related Terms


Taqa Morocco Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Taqa Morocco'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.

Taqa Morocco Debt-to-Equity Chart

Taqa Morocco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.60 1.71 1.55 1.43

Taqa Morocco Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.71 1.74 1.55 1.61 1.43

CAS:TQM vs CEG, VST, NRG: Debt-to-Equity Comparison

For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.


Taqa Morocco Debt-to-Equity vs Utilities - Independent Power Producers Industry

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

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


CAS:TQM
72GF Score
Taqa Morocco SA CAS:TQM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taqa Morocco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taqa Morocco's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Taqa Morocco's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.43 mean?
Taqa Morocco (CAS:TQM) has a Debt-to-Equity of 1.43 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Taqa Morocco and its competitors. This is 19% below median its historical median of 1.77. Over the past decade, Taqa Morocco's Debt-to-Equity has ranged from 1.43 to 2.67. According to the industry distribution chart, Taqa Morocco ranks #260 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 65.8%.
Is Taqa Morocco's Debt-to-Equity too high?
Taqa Morocco's current Debt-to-Equity of 1.43 is 19% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 2.67. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Taqa Morocco's value of 1.43 is 70.2% above this industry median. Based on the distribution chart, Taqa Morocco ranks #260 out of 395 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Taqa Morocco has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taqa Morocco's Debt-to-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Taqa Morocco ranks #260 out of 395 companies for Debt-to-Equity. This places Taqa Morocco in the lower half of its industry. The industry median Debt-to-Equity is 0.84. Taqa Morocco's value of 1.43 is 70.2% above this benchmark. Historically, Taqa Morocco's own Debt-to-Equity has ranged from 1.43 to 2.67 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 0.84, Taqa Morocco has consistently been above the industry average. 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 0.84, 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. Taqa Morocco's current Debt-to-Equity of 1.43 is 70.2% above the industry median. 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 Taqa Morocco and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current Debt-to-Equity is 1.43, which is 19% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taqa Morocco stock overvalued right now?
Based on GuruFocus' analysis, Taqa Morocco (CAS:TQM) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD1,232.52, compared to a current price of MAD1,750.00 — trading 42% above its estimated fair value. The current Debt-to-Equity is 1.43, which is 19% below median its 10-year median of 1.77 and 70.2% above the Utilities - Independent Power Producers industry median of 0.84. Taqa Morocco's overall GF Score™ is 72/100 with 5 warning signs to review. 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 Taqa Morocco (CAS:TQM), the current Debt-to-Equity is 1.43 as of Dec. 2025. 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.

Is Taqa Morocco (CAS:TQM) Overvalued in 2026?

Based on GuruFocus' analysis, Taqa Morocco stock appears to be overvalued. The current stock price of MAD1,750.00 is trading 42% above its estimated GF Value™ of MAD1,232.52. GuruFocus considers Taqa Morocco to be Significantly Overvalued.

Key valuation signals for CAS:TQM:

  • Debt-to-Equity: 1.43 (19% below median its 10-year median of 1.77)
  • GF Value™: MAD1,232.52 vs. price of MAD1,750.00 (42% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 70.2% above the Utilities - Independent Power Producers median (#260 of 395)

No single metric tells the full story. See the CAS:TQM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taqa Morocco Business Description

Address B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.
72GF Score

Get the complete analysis for CAS:TQM

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD1,750.00
Price
MAD1,232.52
GF Value