Transurban Group (Transurban Group) Debt-to-Equity : 1.57 (As of Dec. 2023)

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What is Transurban Group Debt-to-Equity?

Transurban Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,116 Mil. Transurban Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11,264 Mil. Transurban Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,904 Mil. Transurban Group's debt to equity for the quarter that ended in Dec. 2023 was 1.57.

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

TRAUF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.17 Med: 2.19 Max: 3.06
Current: 1.57

During the past 13 years, the highest Debt-to-Equity Ratio of Transurban Group was 3.06. The lowest was 1.17. And the median was 2.19.

TRAUF's Debt-to-Equity is ranked worse than
87.57% of 1513 companies
in the Construction industry
Industry Median: 0.44 vs TRAUF: 1.57

Transurban Group Debt-to-Equity Historical Data

The historical data trend for Transurban 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.

Transurban Group Debt-to-Equity Chart

Transurban Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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2.11

2.68

1.72

1.22

1.48

Transurban Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.22	1.22	1.32	1.48	1.57

Competitive Comparison of Transurban Group's Debt-to-Equity

For the Infrastructure Operations subindustry, Transurban 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.

Transurban Group's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Transurban Group's Debt-to-Equity distribution charts can be found below:

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

Transurban Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Transurban Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(246.309	+	12208.725)	/	8438.926
	=	1.48

Transurban Group'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
	=	(1115.797	+	11263.722)	/	7904.284
	=	1.57

Transurban Group (OTCPK:TRAUF) 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.

Transurban Group Debt-to-Equity Related Terms

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

Transurban Group (Transurban Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Transurban Group (OTCPK:TRAUF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TU9:Germany TCL:Australia

Address

727 Collins Street, Level 31, Tower 5, Collins Square, Docklands, VIC, AUS, 3008

Website

https://www.transurban.com

Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA and Montreal, Canada. The weighted average concession life across the portfolio is about 28 years. Australian assets contribute around 90% of proportional revenue.

Transurban Group (Transurban Group) Headlines

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