Societatea Energetica Electrica (LSE:ELSA) Debt-to-Equity : 0.97 (As of Jun. 2024)

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What is Societatea Energetica Electrica Debt-to-Equity?

Societatea Energetica Electrica's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $677 Mil. Societatea Energetica Electrica's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $523 Mil. Societatea Energetica Electrica's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $1,239 Mil. Societatea Energetica Electrica's debt to equity for the quarter that ended in Jun. 2024 was 0.97.

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 Societatea Energetica Electrica's Debt-to-Equity or its related term are showing as below:

LSE:ELSA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.12 Max: 0.97
Current: 0.97

During the past 13 years, the highest Debt-to-Equity Ratio of Societatea Energetica Electrica was 0.97. The lowest was 0.03. And the median was 0.12.

LSE:ELSA's Debt-to-Equity is ranked worse than
52.49% of 461 companies
in the Utilities - Regulated industry
Industry Median: 0.89 vs LSE:ELSA: 0.97

Societatea Energetica Electrica Debt-to-Equity Historical Data

The historical data trend for Societatea Energetica Electrica'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.

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Societatea Energetica Electrica Debt-to-Equity Chart

Societatea Energetica Electrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.17

0.26

0.74

0.79

Societatea Energetica Electrica Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.73	0.73	0.68	0.79	0.97

Competitive Comparison of Societatea Energetica Electrica's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica'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.

Societatea Energetica Electrica's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Societatea Energetica Electrica's Debt-to-Equity falls into.

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Societatea Energetica Electrica Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Societatea Energetica Electrica'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
	=	(774.281	+	188.166)	/	1224.845
	=	0.79

Societatea Energetica Electrica'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
	=	(677.048	+	523.182)	/	1239.474
	=	0.97

Societatea Energetica Electrica (LSE:ELSA) 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.

Societatea Energetica Electrica Debt-to-Equity Related Terms

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Societatea Energetica Electrica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Societatea Energetica Electrica SA (LSE:ELSA) » Definitions » Debt-to-Equity

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EL:Romania

Address

No. 9, Grigore Alexandrescu Street, 1st District, Bucharest, ROU, 010621

Website

https://www.electrica.ro

Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.

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