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Polaris Renewable EnergyTSX:PIF +0.80%81 Debt-to-Equity is 0.93 as of Jun. 2026, which is 6% above its 10-year median of 0.88. GuruFocus rates TSX:PIF with a GF Score™ of 81/100 and a GF Value™ of C$12.67 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, Polaris Renewable Energy ranks worse than 52.91% on this metric.
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 Polaris Renewable Energy's Debt-to-Equity or its related term are showing as below:
TSX:PIF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 0.88 Max: 1.27
Current: 0.93
During the past 13 years, the highest Debt-to-Equity Ratio of Polaris Renewable Energy was 1.27. The lowest was 0.62. And the median was 0.88.
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.
Polaris Renewable Energy Debt-to-Equity Related Terms
Polaris Renewable Energy Debt-to-Equity Historical Data
* 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.
Polaris Renewable Energy Debt-to-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Polaris Renewable Energy'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.
Polaris Renewable Energy Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Polaris Renewable Energy's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Polaris Renewable Energy's Debt-to-Equity falls into.
* 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.
Polaris Renewable Energy (TSX:PIF) has a Debt-to-Equity of 0.93 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Polaris Renewable Energy and its competitors. This is near median its historical median of 0.88. Over the past decade, Polaris Renewable Energy's Debt-to-Equity has ranged from 0.62 to 1.27. According to the industry distribution chart, Polaris Renewable Energy ranks #209 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 52.9%.
Is Polaris Renewable Energy's Debt-to-Equity too high?
Polaris Renewable Energy's current Debt-to-Equity of 0.93 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.27. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Polaris Renewable Energy's value of 0.93 is 10.7% above this industry median. Based on the distribution chart, Polaris Renewable Energy ranks #209 out of 395 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Polaris Renewable Energy has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polaris Renewable Energy's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Polaris Renewable Energy ranks #209 out of 395 companies for Debt-to-Equity. This places Polaris Renewable Energy in the lower half of its industry. The industry median Debt-to-Equity is 0.84. Polaris Renewable Energy's value of 0.93 is 10.7% above this benchmark. Historically, Polaris Renewable Energy's own Debt-to-Equity has ranged from 0.62 to 1.27 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.84, Polaris Renewable Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Polaris Renewable Energy's current Debt-to-Equity of 0.93 is 10.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Polaris Renewable Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris Renewable Energy's current Debt-to-Equity is 0.93, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Renewable Energy stock overvalued right now?
Based on GuruFocus' analysis, Polaris Renewable Energy (TSX:PIF) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.67, compared to a current price of C$15.10 — trading 19.2% above its estimated fair value. The current Debt-to-Equity is 0.93, which is near median its 10-year median of 0.88 and 10.7% above the Utilities - Independent Power Producers industry median of 0.84. Polaris Renewable Energy's overall GF Score™ is 81/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Polaris Renewable Energy (TSX:PIF), the current Debt-to-Equity is 0.93 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Polaris Renewable Energy (TSX:PIF) Overvalued in 2026?
Based on GuruFocus' analysis, Polaris Renewable Energy stock appears to be overvalued.
The current stock price of C$15.10 is trading 19.2% above its estimated GF Value™ of C$12.67.
GuruFocus considers Polaris Renewable Energy to be Modestly Overvalued.
Key valuation signals for TSX:PIF:
Debt-to-Equity: 0.93 (near median its 10-year median of 0.88)
GF Value™: C$12.67 vs. price of C$15.10 (19.2% above fair value)
Industry Position: 10.7% above the Utilities - Independent Power Producers median (#209 of 395)
No single metric tells the full story. See the TSX:PIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. The company has six reportable operating segments: 1) Nicaragua: It includes acquisition, exploration, development and operation of a geothermal project, 2) Peru: It includes acquisition, development and operation of hydroelectric projects, 3) Panama: It includes acquisition, development and operation of solar projects, 4) Dominican Republic: It includes acquisition, development and operation of solar projects, 5) Puerto Rico: It includes acquisition, development and operation of onshore wind farms, 6) Ecuador: It includes acquisition and operation of hydroelectric projects. The majority of revenue is derived from Nicaragua.
81GF Score
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