Kauno Energija AB (OVSE:KNR1L) Debt-to-Equity : 0.61 (As of Dec. 2023)

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What is Kauno Energija AB Debt-to-Equity?

Kauno Energija AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.27 Mil. Kauno Energija AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €55.86 Mil. Kauno Energija AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €97.61 Mil. Kauno Energija AB's debt to equity for the quarter that ended in Dec. 2023 was 0.61.

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 Kauno Energija AB's Debt-to-Equity or its related term are showing as below:

OVSE:KNR1L' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.3 Max: 0.61
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Kauno Energija AB was 0.61. The lowest was 0.26. And the median was 0.30.

OVSE:KNR1L's Debt-to-Equity is ranked better than
61.64% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs OVSE:KNR1L: 0.61

Kauno Energija AB Debt-to-Equity Historical Data

The historical data trend for Kauno Energija AB'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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Kauno Energija AB Debt-to-Equity Chart

Kauno Energija AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.31

0.41

0.50

0.61

Kauno Energija AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.50	0.46	0.48	0.64	0.61

Competitive Comparison of Kauno Energija AB's Debt-to-Equity

For the Utilities - Renewable subindustry, Kauno Energija AB'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.

Kauno Energija AB's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kauno Energija AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kauno Energija AB's Debt-to-Equity falls into.

Kauno Energija AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kauno Energija AB'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
	=	(3.269	+	55.857)	/	97.606
	=	0.61

Kauno Energija AB's Debt to Equity Ratio for the quarter 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
	=	(3.269	+	55.857)	/	97.606
	=	0.61

Kauno Energija AB (OVSE:KNR1L) 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.

Kauno Energija AB Debt-to-Equity Related Terms

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Kauno Energija AB (OVSE:KNR1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kauno Energija AB (OVSE:KNR1L) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Raudondvario Road 84, Kaunas, LTU, 47179

Website

https://www.kaunoenergija.lt

Kauno Energija AB is a company engaged in heat and hot water supplies in the cities of Kaunas and Jurbarkas and in Kaunas district, Lituania. In addition, the company is also involved in electricity generation and distribution. The company carries out supervision of indoor heat and hot water supply systems, repair and maintenance of heat unit equipment, provides rental services premises. It generates a vast majority of its revenues from heat supplies.

Kauno Energija AB (OVSE:KNR1L) Headlines

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