SIMEC Atlantis Energy (LSE:SAE) Debt-to-Equity : 1.49 (As of Jun. 2024)

View and export this data going back to 2014. Start your Free Trial

What is SIMEC Atlantis Energy Debt-to-Equity?

SIMEC Atlantis Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £13.22 Mil. SIMEC Atlantis Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £44.88 Mil. SIMEC Atlantis Energy's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £38.93 Mil. SIMEC Atlantis Energy's debt to equity for the quarter that ended in Jun. 2024 was 1.49.

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

LSE:SAE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.57 Max: 11.04
Current: 1.49

During the past 13 years, the highest Debt-to-Equity Ratio of SIMEC Atlantis Energy was 11.04. The lowest was 0.24. And the median was 0.57.

LSE:SAE's Debt-to-Equity is ranked worse than
68.69% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.85 vs LSE:SAE: 1.49

SIMEC Atlantis Energy Debt-to-Equity Historical Data

The historical data trend for SIMEC Atlantis 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.

SIMEC Atlantis Energy Debt-to-Equity Chart

SIMEC Atlantis Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.53

0.66

3.32

11.04

1.28

SIMEC Atlantis Energy 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															7.55	11.04	5.12	1.28	1.49

Competitive Comparison of SIMEC Atlantis Energy's Debt-to-Equity

For the Utilities - Renewable subindustry, SIMEC Atlantis 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.

SIMEC Atlantis Energy's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

Save Embed

;

Save Embed

;

SIMEC Atlantis Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SIMEC Atlantis Energy'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
	=	(11.689	+	44.837)	/	44.224
	=	1.28

SIMEC Atlantis Energy'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
	=	(13.218	+	44.882)	/	38.926
	=	1.49

SIMEC Atlantis Energy (LSE:SAE) 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.

SIMEC Atlantis Energy Debt-to-Equity Related Terms

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

SIMEC Atlantis Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SIMEC Atlantis Energy Ltd (LSE:SAE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SMAYF:USA 7K8:Germany

Address

26 Dublin Street, Edinburgh, London, GBR, EH3 6NN

Website

https://www.saerenewables.com

SIMEC Atlantis Energy Ltd operates in the sustainable energy sector. It is engaged in the design, development, construction, conversion, installation, completion, testing, commissioning, operation, and maintenance of sustainable energy projects. The company's operating segment includes Power generation, Battery storage, and Project development. Maximum revenue is generated from its Battery storage segment which includes income from the firm's battery storage project portfolio. Its power generation and project development operations are entirely based in the United Kingdom.

SIMEC Atlantis Energy Headlines

No Headlines