Public Service Enterprise Group (STU:PSE) Debt-to-Equity : 1.40 (As of Mar. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Public Service Enterprise Group Debt-to-Equity?

Public Service Enterprise Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2,783 Mil. Public Service Enterprise Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €17,417 Mil. Public Service Enterprise Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €14,461 Mil. Public Service Enterprise Group's debt to equity for the quarter that ended in Mar. 2024 was 1.40.

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 Public Service Enterprise Group's Debt-to-Equity or its related term are showing as below:

STU:PSE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 1.08 Max: 1.58
Current: 1.4

During the past 13 years, the highest Debt-to-Equity Ratio of Public Service Enterprise Group was 1.58. The lowest was 0.72. And the median was 1.08.

STU:PSE's Debt-to-Equity is ranked worse than
69.39% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs STU:PSE: 1.40

Public Service Enterprise Group Debt-to-Equity Historical Data

The historical data trend for Public Service Enterprise Group'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.

Public Service Enterprise Group Debt-to-Equity Chart

Public Service Enterprise Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.09

1.10

1.36

1.49

1.32

Public Service Enterprise Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.38	1.32	1.31	1.32	1.40

Competitive Comparison of Public Service Enterprise Group's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Public Service Enterprise Group'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.

Public Service Enterprise Group's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Public Service Enterprise Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Public Service Enterprise Group's Debt-to-Equity falls into.

Public Service Enterprise Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Public Service Enterprise Group'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
	=	(2245.733	+	16466.569)	/	14192.409
	=	1.32

Public Service Enterprise Group's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(2783	+	17417.44)	/	14460.56
	=	1.40

Public Service Enterprise Group (STU:PSE) 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.

Public Service Enterprise Group Debt-to-Equity Related Terms

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

Public Service Enterprise Group (STU:PSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Public Service Enterprise Group Inc (STU:PSE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PEG:USA P1EG34:Brazil

Address

80 Park Plaza, Newark, NJ, USA, 07102

Website

https://investor.pseg.com

Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and other nonregulated businesses such as nuclear power generation and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.2 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.

Public Service Enterprise Group (STU:PSE) Headlines

No Headlines