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Acegas-APS (LTS:0DH2) Debt-to-Equity : 1.28 (As of Sep. 2012)


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What is Acegas-APS Debt-to-Equity?

Acegas-APS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was €235.3 Mil. Acegas-APS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was €241.3 Mil. Acegas-APS's Total Stockholders Equity for the quarter that ended in Sep. 2012 was €372.9 Mil. Acegas-APS's debt to equity for the quarter that ended in Sep. 2012 was 1.28.

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 Acegas-APS's Debt-to-Equity or its related term are showing as below:

LTS:0DH2's Debt-to-Equity is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.86
* Ranked among companies with meaningful Debt-to-Equity only.

Acegas-APS Debt-to-Equity Historical Data

The historical data trend for Acegas-APS'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.

Acegas-APS Debt-to-Equity Chart

Acegas-APS Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-Equity
Get a 7-Day Free Trial - - - - 0.88

Acegas-APS Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.40 0.88 1.45 1.24 1.28

Competitive Comparison of Acegas-APS's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Acegas-APS'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.

Acegas-APS's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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


Acegas-APS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acegas-APS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2011 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
=(60.378 + 265.548) / 368.814
=0.88

Acegas-APS's Debt to Equity Ratio for the quarter that ended in Sep. 2012 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
=(235.346 + 241.3) / 372.926
=1.28

* 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.

Acegas-APS  (LTS:0DH2) 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.

Acegas-APS Debt-to-Equity Related Terms

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