Vallibel Power Erathna (COL:VPEL.N0000) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Vallibel Power Erathna Debt-to-Equity?

Vallibel Power Erathna's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු2 Mil. Vallibel Power Erathna's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු40 Mil. Vallibel Power Erathna's Total Stockholders Equity for the quarter that ended in Mar. 2024 was රු2,020 Mil. Vallibel Power Erathna's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Vallibel Power Erathna's Debt-to-Equity or its related term are showing as below:

COL:VPEL.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.35
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Vallibel Power Erathna was 0.35. The lowest was 0.01. And the median was 0.02.

COL:VPEL.N0000's Debt-to-Equity is ranked better than
97.72% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.81 vs COL:VPEL.N0000: 0.02

Vallibel Power Erathna Debt-to-Equity Historical Data

The historical data trend for Vallibel Power Erathna'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.

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Vallibel Power Erathna Debt-to-Equity Chart

Vallibel Power Erathna Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.01

0.02

0.01

0.02

Vallibel Power Erathna Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.02

Competitive Comparison of Vallibel Power Erathna's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Vallibel Power Erathna'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.

Vallibel Power Erathna's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Vallibel Power Erathna's Debt-to-Equity falls into.

Vallibel Power Erathna Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vallibel Power Erathna's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(2.497	+	40.329)	/	2020.426
	=	0.02

Vallibel Power Erathna's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(2.497	+	40.329)	/	2020.426
	=	0.02

Vallibel Power Erathna (COL:VPEL.N0000) 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.

Vallibel Power Erathna Debt-to-Equity Related Terms

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

Vallibel Power Erathna (COL:VPEL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vallibel Power Erathna PLC (COL:VPEL.N0000) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 27-02, Echelon Square, East Tower, World Trade Center, Colombo, LKA, 01

Website

https://www.vallibel-hydro.com

Vallibel Power Erathna PLC is engaged in generating and selling of hydroelectric energy to the Ceylon Electricity Board. The company's segments include Erathna MHPP, Denawaka Ganga MHPP, and Kiriwaneliya MHPP. It derives majority of its revenue from the Denawaka Ganga MHPP segment. Denawaka Ganga MHPP project run-of-river mini hydro power project having the install capacity of 7.2 MW. The project is located near Durekkanda, in the Ratnapura Divisional secretariat of the Ratnapura District.

Vallibel Power Erathna (COL:VPEL.N0000) Headlines

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