Siemens Gamesa Renewable Energy (Siemens Gamesa Renewable Energy) Debt-to-Equity : 1.16 (As of Dec. 2022)

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What is Siemens Gamesa Renewable Energy Debt-to-Equity?

Siemens Gamesa Renewable Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1,400 Mil. Siemens Gamesa Renewable Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1,907 Mil. Siemens Gamesa Renewable Energy's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $2,863 Mil. Siemens Gamesa Renewable Energy's debt to equity for the quarter that ended in Dec. 2022 was 1.16.

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 Siemens Gamesa Renewable Energy's Debt-to-Equity or its related term are showing as below:

GCTAY's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Siemens Gamesa Renewable Energy Debt-to-Equity Historical Data

The historical data trend for Siemens Gamesa Renewable Energy'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.

Siemens Gamesa Renewable Energy Debt-to-Equity Chart

Siemens Gamesa Renewable Energy Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Sep18

Sep19

Sep20

Sep21

Sep22

Debt-to-Equity

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0.31

0.14

0.34

0.49

0.64

Siemens Gamesa Renewable Energy Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Equity	Get a 7-Day Free Trial															0.58	0.74	1.02	0.64	1.16

Competitive Comparison of Siemens Gamesa Renewable Energy's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Siemens Gamesa Renewable Energy'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.

Siemens Gamesa Renewable Energy's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siemens Gamesa Renewable Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Siemens Gamesa Renewable Energy's Debt-to-Equity falls into.

Siemens Gamesa Renewable Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Siemens Gamesa Renewable Energy's Debt to Equity Ratio for the fiscal year that ended in Sep. 2022 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
	=	(540.785	+	1908.017)	/	3823.621
	=	0.64

Siemens Gamesa Renewable Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(1400.424	+	1906.78)	/	2863.347
	=	1.16

Siemens Gamesa Renewable Energy (OTCPK:GCTAY) 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.

Siemens Gamesa Renewable Energy Debt-to-Equity Related Terms

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Siemens Gamesa Renewable Energy (Siemens Gamesa Renewable Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens Gamesa Renewable Energy SA (OTCPK:GCTAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parque Tecnologico de Bizkaia, Building 222, Vizcaya, Zamudio, ESP, 48170

Website

https://www.siemensgamesa.com

Siemens Gamesa is a leading manufacturer of onshore and offshore wind turbines. The company is the product of the merger between Siemens Wind Power and Gamesa in 2017. The firm operates in two business segments: wind turbines and services. Siemens Gamesa retained its position as the leading installer of offshore turbines in 2020. Siemens Energy (a recent spinoff from Siemens AG) has announced the takeover and delisting of Siemens Gamesa.