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ST Energy Transition I (ST Energy Transition I) Debt-to-Equity : 0.01 (As of Mar. 2023)


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What is ST Energy Transition I Debt-to-Equity?

ST Energy Transition I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $1.30 Mil. ST Energy Transition I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. ST Energy Transition I's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $282.73 Mil. ST Energy Transition I's debt to equity for the quarter that ended in Mar. 2023 was 0.00.

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 ST Energy Transition I's Debt-to-Equity or its related term are showing as below:

STET.U' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.01
Current: 0.01

During the past 2 years, the highest Debt-to-Equity Ratio of ST Energy Transition I was 0.01. The lowest was 0.01. And the median was 0.01.

STET.U's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs STET.U: 0.01

ST Energy Transition I Debt-to-Equity Historical Data

The historical data trend for ST Energy Transition I'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.

ST Energy Transition I Debt-to-Equity Chart

ST Energy Transition I Annual Data
Trend Dec21 Dec22
Debt-to-Equity
- 0.01

ST Energy Transition I Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-Equity Get a 7-Day Free Trial 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of ST Energy Transition I's Debt-to-Equity

For the Shell Companies subindustry, ST Energy Transition I'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.

ST Energy Transition I's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ST Energy Transition I's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ST Energy Transition I's Debt-to-Equity falls into.


ST Energy Transition I Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ST Energy Transition I's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(1.3 + 0) / 282.896
=0.00

ST Energy Transition I's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(1.3 + 0) / 282.734
=0.00

* 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.

ST Energy Transition I  (NYSE:STET.U) 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.

ST Energy Transition I Debt-to-Equity Related Terms

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ST Energy Transition I (ST Energy Transition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ST Energy Transition I Ltd (NYSE:STET.U) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
N/A
Address
14 Par-la-Ville Road, Par-la-Ville Place, 4th Floor, Hamilton, BMU, HM08
Website
https://www.stenergy1.com
ST Energy Transition I Ltd is a blank check company. It is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.