Altea Green Power SpA (MIL:AGP) Debt-to-Equity : 0.23 (As of Dec. 2024)

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What is Altea Green Power SpA Debt-to-Equity?

Altea Green Power SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €5.31 Mil. Altea Green Power SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €2.71 Mil. Altea Green Power SpA's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €34.93 Mil. Altea Green Power SpA's debt to equity for the quarter that ended in Dec. 2024 was 0.23.

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 Altea Green Power SpA's Debt-to-Equity or its related term are showing as below:

MIL:AGP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.48 Max: 0.9
Current: 0.23

During the past 6 years, the highest Debt-to-Equity Ratio of Altea Green Power SpA was 0.90. The lowest was 0.14. And the median was 0.48.

MIL:AGP's Debt-to-Equity is ranked better than
53.18% of 880 companies
in the Semiconductors industry
Industry Median: 0.26 vs MIL:AGP: 0.23

Altea Green Power SpA Debt-to-Equity Historical Data

The historical data trend for Altea Green Power SpA'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.

Altea Green Power SpA Debt-to-Equity Chart

Altea Green Power SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.48

0.61

0.14

0.23

Altea Green Power SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial						0.14	0.24	-	0.24	0.23

Competitive Comparison of Altea Green Power SpA's Debt-to-Equity

For the Solar subindustry, Altea Green Power SpA'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.

Altea Green Power SpA's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Altea Green Power SpA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Altea Green Power SpA's Debt-to-Equity falls into.

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Altea Green Power SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Altea Green Power SpA's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(5.305	+	2.706)	/	34.926
	=	0.23

Altea Green Power SpA's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(5.305	+	2.706)	/	34.926
	=	0.23

Altea Green Power SpA (MIL:AGP) 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.

Altea Green Power SpA Debt-to-Equity Related Terms

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

Altea Green Power SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Altea Green Power SpA (MIL:AGP) » Definitions » Debt-to-Equity

Traded in Other Exchanges

Q51:Germany

Address

Via Pavia 11/B, Rivoli, ITA

Website

https://www.alteagreenpower.it

Altea Green Power SpA provides systems to produce energy from renewable sources while respecting the environment and improving energy efficiency by reducing energy consumption. It offers assistance in the design, construction, maintenance, and management phases for photovoltaic systems, wind turbines, cogeneration systems, biomass-fueled systems. The Group specializes in the installation of plants and production of energy from renewable sources, the construction of power plants and cogeneration plants, electricity and thermal power distribution networks, and co-development activities of renewable energy production and storage plants.

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