Renergen (STU:9960) Debt-to-Equity : 0.85 (As of Aug. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Renergen Debt-to-Equity?

Renergen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was €16.53 Mil. Renergen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was €34.04 Mil. Renergen's Total Stockholders Equity for the quarter that ended in Aug. 2024 was €59.23 Mil. Renergen's debt to equity for the quarter that ended in Aug. 2024 was 0.85.

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

STU:9960' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 1.09 Max: 2.89
Current: 0.85

During the past 9 years, the highest Debt-to-Equity Ratio of Renergen was 2.89. The lowest was 0.00. And the median was 1.09.

STU:9960's Debt-to-Equity is ranked worse than
69.85% of 826 companies
in the Oil & Gas industry
Industry Median: 0.44 vs STU:9960: 0.85

Renergen Debt-to-Equity Historical Data

The historical data trend for Renergen'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.

Renergen Debt-to-Equity Chart

Renergen Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Debt-to-Equity

Get a 7-Day Free Trial

2.62

2.89

1.09

1.01

N/A

Renergen Semi-Annual Data
	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Debt-to-Equity	Get a 7-Day Free Trial												1.43	1.09	1.50	1.01	0.85

Competitive Comparison of Renergen's Debt-to-Equity

For the Oil & Gas E&P subindustry, Renergen'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.

Renergen's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Save Embed

;

Save Embed

;

Renergen Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Renergen's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(23.851	+	37.061)	/	60.623
	=	1.00

Renergen's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(16.533	+	34.042)	/	59.234
	=	0.85

Renergen (STU:9960) 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.

Renergen Debt-to-Equity Related Terms

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

Renergen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Renergen Ltd (STU:9960) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

REN:South Africa RGNNF:USA RLT:Australia

Address

25 Minerva Avenue, Sandton Gate, Glenadrienne, Sandton, ZAF, 2196

Website

https://www.renergen.co.za

Renergen Ltd is an investment holding company focused on the alternative and renewable energy sectors in South Africa and sub-Saharan Africa. Its reportable segments are the Corporate Head office where all investment decisions are made; Tetra4 which explores, produces, and sells LNG in South Africa; Cryovation which has developed Cryo-VaccTM technology, and enables the safe transportation of vaccines and biologics at extremely low temperatures without the need for electrical power; and the Renergen U.S segment which assists with various fundraising and business development activities of the Group in the U.S market. The majority of the company's revenue is generated from the Tetra4 segment.

Renergen Headlines

No Headlines