Cia Paranaense De Energia Copel (Cia Paranaense De Energia Copel) Debt-to-Equity : 0.64 (As of Dec. 2023)

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What is Cia Paranaense De Energia Copel Debt-to-Equity?

Cia Paranaense De Energia Copel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $398 Mil. Cia Paranaense De Energia Copel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,711 Mil. Cia Paranaense De Energia Copel's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,875 Mil. Cia Paranaense De Energia Copel's debt to equity for the quarter that ended in Dec. 2023 was 0.64.

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 Cia Paranaense De Energia Copel's Debt-to-Equity or its related term are showing as below:

ELP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.61 Max: 0.73
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Cia Paranaense De Energia Copel was 0.73. The lowest was 0.45. And the median was 0.61.

ELP's Debt-to-Equity is ranked better than
58.02% of 474 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs ELP: 0.64

Cia Paranaense De Energia Copel Debt-to-Equity Historical Data

The historical data trend for Cia Paranaense De Energia Copel'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.

Cia Paranaense De Energia Copel Debt-to-Equity Chart

Cia Paranaense De Energia Copel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.68

0.51

0.55

0.61

0.64

Cia Paranaense De Energia Copel 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															0.61	0.70	0.76	0.66	0.64

Competitive Comparison of Cia Paranaense De Energia Copel's Debt-to-Equity

For the Utilities - Diversified subindustry, Cia Paranaense De Energia Copel'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.

Cia Paranaense De Energia Copel's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Paranaense De Energia Copel's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cia Paranaense De Energia Copel's Debt-to-Equity falls into.

Cia Paranaense De Energia Copel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cia Paranaense De Energia Copel'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
	=	(398.255	+	2710.599)	/	4874.924
	=	0.64

Cia Paranaense De Energia Copel's Debt to Equity Ratio for the quarter 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
	=	(398.255	+	2710.599)	/	4874.924
	=	0.64

Cia Paranaense De Energia Copel (NYSE:ELP) 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.

Cia Paranaense De Energia Copel Debt-to-Equity Related Terms

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Cia Paranaense De Energia Copel (Cia Paranaense De Energia Copel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Paranaense De Energia Copel (NYSE:ELP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ELPC:USA XCOP:Spain ELPA:Germany CPLE6:Brazil CPLE5:Brazil CPLE3:Brazil

Address

Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240

Website

https://www.copel.com

Cia Paranaense De Energia Copel is primarily involved in the production of power in the Brazilian state of Parana. Specifically, the company's operating segments include power generation and transmission, gas, power distribution, power sale, and Holding and Services. Most of the company's revenue is derived from the sale of electricity. It generates electricity through renewable energy sources such as hydroelectric, wind plants, and thermoelectric plants. The company was designed to allow Parana to manage the distribution of power and related services, so the state is a major shareholder.