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Veresen (TSX:VSN.PR.C.PFD) Debt-to-Equity : 0.39 (As of Jun. 2017)


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What is Veresen Debt-to-Equity?

Veresen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was C$4.00 Mil. Veresen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was C$1,082.00 Mil. Veresen's Total Stockholders Equity for the quarter that ended in Jun. 2017 was C$2,789.00 Mil. Veresen's debt to equity for the quarter that ended in Jun. 2017 was 0.39.

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

TSX:VSN.PR.C.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 1.12   Max: 2.96
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Veresen was 2.96. The lowest was 0.00. And the median was 1.12.

TSX:VSN.PR.C.PFD's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.47 vs TSX:VSN.PR.C.PFD: 0.39

Veresen Debt-to-Equity Historical Data

The historical data trend for Veresen'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.

Veresen Debt-to-Equity Chart

Veresen Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.98 0.72 0.30 0.43

Veresen Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.45 0.43 0.51 0.39

Competitive Comparison of Veresen's Debt-to-Equity

For the Oil & Gas Midstream subindustry, Veresen'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.


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

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

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



Veresen Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Veresen's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Veresen's Debt to Equity Ratio for the quarter that ended in Jun. 2017 is calculated as

* 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.


Veresen  (TSX:VSN.PR.C.PFD) 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.


Veresen Debt-to-Equity Related Terms

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


Veresen Business Description

Traded in Other Exchanges
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Address
Veresen Inc is an energy infrastructure company based in Calgary, Alberta, Canada. It owns and operates energy infrastructure assets across North America. The Company operates in three business segments, Pipelines, Midstream, and Power. The Company's Pipelines segment owns a 1,330-kilometre pipeline system that transports purity ethane from various Alberta ethane extraction plants to Alberta's major petrochemical complexes located near Joffre and Fort Saskatchewan, Alberta; and also owns a 3,000-kilometre natural gas pipeline comprised of a mainline and various connecting lateral pipelines. This pipeline extends from northeastern B.C. to points near Chicago, Illinois. It's Midstream Business segment is comprised of two natural gas processing plants with combined functional capacity of 516 mmcf/d, as well as approximately 40,000 horsepower of compression and 370 km of gas gathering lines and is located in the Cutbank Ridge region of Alberta and British Columbia. The Hythe plant processes both sour and sweet natural gas, while the Steeprock plant is a sour gas processing facility. While, its Power Business segment operates, a Gas-Fired Generation facility consisting of an 86-MW cogeneration facility located in Windsor, Ontario; 17-MW cogeneration facility located in London, Ontario; 49-MW cogeneration facility located in Ripon, California; 44-MW cogeneration facility located in Pomona, California; and 70-MW combined cycle power cogeneration facility located in Brush, Colorado; an district energy system that produces and distributes steam and chilled water fueled primarily by natural gas, located in London, Ontario; and a district energy system that produces and distributes steam, hot water and electricity fueled primarily by biomass and waste fuel, located in Charlottetown, P.E.I.; a Run-of-River Hydro facility that produces a 33-MW run-of-river hydroelectric power located on the Black River near Watertown, New York; an 11-MW run-of-river power facility located 30 km north of Vancouver, B.C.; two 5-MW waste-heat power generation facilities located at Spectra pipeline's 150 Mile House and Savona, B.C. compressor stations; and a 33-MW wind project under construction in the County of Huron, Ontario; and also operates two wind power facilities, 9-MW and 11-MW, respectively, near Grand Valley, Ontario.

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