Clere AG (HAM:CAG0) Debt-to-Equity : 1.09 (As of Dec. 2022)

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What is Clere AG Debt-to-Equity?

Clere AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €14.40 Mil. Clere AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €136.43 Mil. Clere AG's Total Stockholders Equity for the quarter that ended in Dec. 2022 was €138.66 Mil. Clere AG's debt to equity for the quarter that ended in Dec. 2022 was 1.09.

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 Clere AG's Debt-to-Equity or its related term are showing as below:

HAM:CAG0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 1.09 Max: 1.48
Current: 1.09

During the past 13 years, the highest Debt-to-Equity Ratio of Clere AG was 1.48. The lowest was 0.00. And the median was 1.09.

HAM:CAG0's Debt-to-Equity is ranked worse than
58.23% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.81 vs HAM:CAG0: 1.09

Clere AG Debt-to-Equity Historical Data

The historical data trend for Clere AG'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.

Clere AG Debt-to-Equity Chart

Clere AG Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.11

1.48

1.11

1.19

1.09

Clere AG Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Jun13	Jun14	Jun15	Jun16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial															1.11	1.48	1.11	1.19	1.09

Competitive Comparison of Clere AG's Debt-to-Equity

For the Utilities - Renewable subindustry, Clere AG'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.

Clere AG's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

Clere AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Clere AG's Debt to Equity Ratio for the fiscal year 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
	=	(14.403	+	136.426)	/	138.656
	=	1.09

Clere AG'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
	=	(14.403	+	136.426)	/	138.656
	=	1.09

Clere AG (HAM:CAG0) 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.

Clere AG Debt-to-Equity Related Terms

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

Clere AG (HAM:CAG0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Clere AG (HAM:CAG0) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Schlüterstr. 45, Berlin, DEU, 10707

Website

http://www.clere.de

Clere AG is a Canadian investment company. It is engaged in investments and participation in the field of environment and power engineering. The company provides finance to medium-sized companies and invests in renewable energy production projects.

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