ALTEO Energy Services (FRA:54O) Debt-to-Equity : 0.79 (As of Dec. 2023)

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What is ALTEO Energy Services Debt-to-Equity?

ALTEO Energy Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5.6 Mil. ALTEO Energy Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €60.9 Mil. ALTEO Energy Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €84.4 Mil. ALTEO Energy Services's debt to equity for the quarter that ended in Dec. 2023 was 0.79.

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 ALTEO Energy Services's Debt-to-Equity or its related term are showing as below:

FRA:54O' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79 Med: 1.58 Max: 3.91
Current: 0.79

During the past 13 years, the highest Debt-to-Equity Ratio of ALTEO Energy Services was 3.91. The lowest was 0.79. And the median was 1.58.

FRA:54O's Debt-to-Equity is ranked better than
50.63% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.81 vs FRA:54O: 0.79

ALTEO Energy Services Debt-to-Equity Historical Data

The historical data trend for ALTEO Energy Services'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.

ALTEO Energy Services Debt-to-Equity Chart

ALTEO Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.77

2.98

1.26

1.08

0.79

ALTEO Energy Services Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.26	0.73	1.08	0.83	0.79

Competitive Comparison of ALTEO Energy Services's Debt-to-Equity

For the Utilities - Renewable subindustry, ALTEO Energy Services'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.

ALTEO Energy Services's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where ALTEO Energy Services's Debt-to-Equity falls into.

ALTEO Energy Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ALTEO Energy Services'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
	=	(5.575	+	60.88)	/	84.366
	=	0.79

ALTEO Energy Services'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
	=	(5.575	+	60.88)	/	84.366
	=	0.79

ALTEO Energy Services (FRA:54O) 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.

ALTEO Energy Services Debt-to-Equity Related Terms

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

ALTEO Energy Services (FRA:54O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ALTEO Energy Services PLC (FRA:54O) » Definitions » Debt-to-Equity

Traded in Other Exchanges

ALTEO:Hungary 54O:Germany

Address

Korhaz utca 6-12., Budapest, HUN, 1033

Website

https://www.alteo.hu

ALTEO Energy Services PLC operates in the utility industry in Hungary. Its business segments includes, Heat and electricity production and management, Renewables-based energy production, Energy services, Energy trading and other. Majority of the revenue generated from Heat and electricity production and management.

ALTEO Energy Services (FRA:54O) Headlines

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