Grenergy Renovables (FRA:5GR) Debt-to-Equity : 2.47 (As of Jun. 2024)

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What is Grenergy Renovables Debt-to-Equity?

Grenergy Renovables's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €237.9 Mil. Grenergy Renovables's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €674.6 Mil. Grenergy Renovables's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €369.6 Mil. Grenergy Renovables's debt to equity for the quarter that ended in Jun. 2024 was 2.47.

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 Grenergy Renovables's Debt-to-Equity or its related term are showing as below:

FRA:5GR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 1.89 Max: 4.05
Current: 2.47

During the past 10 years, the highest Debt-to-Equity Ratio of Grenergy Renovables was 4.05. The lowest was 0.45. And the median was 1.89.

FRA:5GR's Debt-to-Equity is ranked worse than
93.61% of 1565 companies
in the Construction industry
Industry Median: 0.44 vs FRA:5GR: 2.47

Grenergy Renovables Debt-to-Equity Historical Data

The historical data trend for Grenergy Renovables'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.

Grenergy Renovables Debt-to-Equity Chart

Grenergy Renovables Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.95

3.05

1.96

1.82

2.19

Grenergy Renovables Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															1.83	1.82	2.18	2.19	2.47

Competitive Comparison of Grenergy Renovables's Debt-to-Equity

For the Engineering & Construction subindustry, Grenergy Renovables'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.

Grenergy Renovables's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grenergy Renovables's Debt-to-Equity distribution charts can be found below:

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

Grenergy Renovables Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grenergy Renovables'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
	=	(215.659	+	536.55)	/	343.972
	=	2.19

Grenergy Renovables's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(237.852	+	674.597)	/	369.573
	=	2.47

Grenergy Renovables (FRA:5GR) 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.

Grenergy Renovables Debt-to-Equity Related Terms

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Grenergy Renovables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grenergy Renovables SA (FRA:5GR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GRE:Spain 5GR:Germany

Address

Calle Rafael Boti, 26, Madrid, ESP, 28023

Website

https://www.grenergy.eu

Grenergy Renovables SA is a Spanish Independent Power Producer (IPP) that designs, develops, and executes renewable energy plants on a large scale. Its services are divided into different activities including the promotion, commercialization, and construction of renewable energy installations, the production and commercialization of electric energy as well as any complementary activities, and the management and operation of renewable energy installations. It operates in segments that include: Development and Construction which also generates key revenue for the company; Energy; Commercialization, and Services. Geographically, the company generates revenue from Chile, Mexico, Peru, Argentina, Colombia, Spain and other regions.

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