Naturgy Energy Group (XMAD:NTGY) Debt-to-Equity : 1.69 (As of Dec. 2023)

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What is Naturgy Energy Group Debt-to-Equity?

Naturgy Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,530 Mil. Naturgy Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €13,425 Mil. Naturgy Energy Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €9,448 Mil. Naturgy Energy Group's debt to equity for the quarter that ended in Dec. 2023 was 1.69.

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

XMAD:NTGY' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.21 Med: 1.61 Max: 2.84
Current: 1.69

During the past 13 years, the highest Debt-to-Equity Ratio of Naturgy Energy Group was 2.84. The lowest was 1.21. And the median was 1.61.

XMAD:NTGY's Debt-to-Equity is ranked worse than
79.37% of 475 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs XMAD:NTGY: 1.69

Naturgy Energy Group Debt-to-Equity Historical Data

The historical data trend for Naturgy Energy 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.

Naturgy Energy Group Debt-to-Equity Chart

Naturgy Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.69

2.16

2.84

2.15

1.69

Naturgy Energy 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															2.84	4.42	2.15	1.70	1.69

Competitive Comparison of Naturgy Energy Group's Debt-to-Equity

For the Utilities - Regulated Gas subindustry, Naturgy Energy 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.

Naturgy Energy Group's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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

Naturgy Energy Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Naturgy Energy 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
	=	(2530	+	13425)	/	9448
	=	1.69

Naturgy Energy 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
	=	(2530	+	13425)	/	9448
	=	1.69

Naturgy Energy Group (XMAD:NTGY) 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.

Naturgy Energy Group Debt-to-Equity Related Terms

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

Naturgy Energy Group (XMAD:NTGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Naturgy Energy Group SA (XMAD:NTGY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GASNY:USA GASNF:USA NTGYe:UK 0NPV:UK GAN:Germany

Address

Avenida de Avenida de America 38, Madrid, ESP

Website

https://www.naturgy.com

Naturgy stems from the acquisition of Union Fenosa in 2008. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain and is the leader in retail gas supply. The company also owns and operates gas and electricity distribution networks in Latin America. The company owns 16.20 GW of generation capacity including 3.30 GW of wind and solar.

Naturgy Energy Group (XMAD:NTGY) Headlines

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