TotalEnergies Marketing Kenya (NAI:TOTL) Debt-to-Equity : 0.02 (As of Jun. 2024)

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What is TotalEnergies Marketing Kenya Debt-to-Equity?

TotalEnergies Marketing Kenya's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was KES81 Mil. TotalEnergies Marketing Kenya's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was KES647 Mil. TotalEnergies Marketing Kenya's Total Stockholders Equity for the quarter that ended in Jun. 2024 was KES32,040 Mil. TotalEnergies Marketing Kenya's debt to equity for the quarter that ended in Jun. 2024 was 0.02.

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 TotalEnergies Marketing Kenya's Debt-to-Equity or its related term are showing as below:

NAI:TOTL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.19 Max: 0.52
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of TotalEnergies Marketing Kenya was 0.52. The lowest was 0.02. And the median was 0.19.

NAI:TOTL's Debt-to-Equity is ranked better than
94.43% of 826 companies
in the Oil & Gas industry
Industry Median: 0.44 vs NAI:TOTL: 0.02

TotalEnergies Marketing Kenya Debt-to-Equity Historical Data

The historical data trend for TotalEnergies Marketing Kenya'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.

TotalEnergies Marketing Kenya Debt-to-Equity Chart

TotalEnergies Marketing Kenya Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.04

0.52

0.20

TotalEnergies Marketing Kenya 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															0.04	0.52	0.34	0.20	0.02

Competitive Comparison of TotalEnergies Marketing Kenya's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, TotalEnergies Marketing Kenya'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.

TotalEnergies Marketing Kenya's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TotalEnergies Marketing Kenya's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TotalEnergies Marketing Kenya's Debt-to-Equity falls into.

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TotalEnergies Marketing Kenya Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TotalEnergies Marketing Kenya'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
	=	(5698.829	+	700.729)	/	32225.023
	=	0.20

TotalEnergies Marketing Kenya'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
	=	(81.195	+	646.663)	/	32039.737
	=	0.02

TotalEnergies Marketing Kenya (NAI:TOTL) 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.

TotalEnergies Marketing Kenya Debt-to-Equity Related Terms

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TotalEnergies Marketing Kenya Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies Marketing Kenya PLC (NAI:TOTL) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

Limuru Road, Regal Plaza, P.O. Box 30736, Nairobi, KEN, 00100

Website

https://www.totalenergies.ke

TotalEnergies Marketing Kenya PLC is a energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity.