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Ceres Power Holdings (Ceres Power Holdings) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Ceres Power Holdings Debt-to-Equity?

Ceres Power Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.88 Mil. Ceres Power Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.41 Mil. Ceres Power Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $228.65 Mil. Ceres Power Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

CRPHY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.04
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Ceres Power Holdings was 0.04. The lowest was 0.01. And the median was 0.01.

CRPHY's Debt-to-Equity is ranked better than
99.96% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs CRPHY: 0.01

Ceres Power Holdings Debt-to-Equity Historical Data

The historical data trend for Ceres Power Holdings'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.

Ceres Power Holdings Debt-to-Equity Chart

Ceres Power Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 0.01 0.01 0.01

Ceres Power Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Ceres Power Holdings's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Ceres Power Holdings'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.


Ceres Power Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ceres Power Holdings's Debt-to-Equity distribution charts can be found below:

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



Ceres Power Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ceres Power Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Ceres Power Holdings'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.


Ceres Power Holdings  (OTCPK:CRPHY) 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.


Ceres Power Holdings Debt-to-Equity Related Terms

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


Ceres Power Holdings (Ceres Power Holdings) Business Description

Traded in Other Exchanges
Address
Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a UK- based technology solutions provider. It is one of the developers of fuel cell technology, which enables the production of clean & low-cost energy. Its SteelCell technology uses the existing infrastructure of mains natural gas & is manufactured using commodity materials, such as steel. It mainly caters to the automotive industry. Among its other markets are transportation, commercial, & light industrial sectors. The group established a leading technology position in solid oxide fuel cell (SOFC) power systems & develop solid oxide electrolysis (SOEC) to demonstrate it at a megawatt scale. The Group has identified two reporting segments, Power (SOFC) & Hydrogen (SOEC), the majority is from the Power (SOFC) segment. Geographically, the majority is from Asia.

Ceres Power Holdings (Ceres Power Holdings) Headlines