Neoenergia (XMAD:XNEO) Debt-to-Equity: 1.57 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAD:XNEO Neoenergia SA XMAD:XNEO
77 GF Score
Price €5.45
GF Value €3.71
! 8 Warning Signs
View Full Analysis

What is Neoenergia Debt-to-Equity?

Neoenergia XMAD:XNEO 77 Debt-to-Equity is 1.57 as of Jun. 2026, which is 9% above its 10-year median of 1.44. GuruFocus rates XMAD:XNEO with a GF Score™ of 77/100 and a GF Value™ of €3.71. The stock has 8 warning signs investors should review.

Neoenergia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1,245 Mil. Neoenergia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €8,764 Mil. Neoenergia's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €6,388 Mil. Neoenergia's debt to equity for the quarter that ended in Jun. 2026 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 Neoenergia's Debt-to-Equity or its related term are showing as below:

XMAD:XNEO' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.14   Med: 1.44   Max: 1.66
Current: 1.57

During the past 13 years, the highest Debt-to-Equity Ratio of Neoenergia was 1.66. The lowest was 1.14. And the median was 1.44.

XMAD:XNEO's Debt-to-Equity is not ranked
in the Utilities - Regulated industry.
Industry Median: 1 vs XMAD:XNEO: 1.57

Neoenergia  (XMAD:XNEO) 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.


Neoenergia Debt-to-Equity Related Terms


Neoenergia Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Neoenergia'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.

Neoenergia Debt-to-Equity Chart

Neoenergia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.64 1.54 1.62 1.59

Neoenergia Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.45 1.48 1.59 1.63 1.57

XMAD:XNEO vs NEE, SO, DUK: Debt-to-Equity Comparison

For the Utilities - Regulated Electric subindustry, Neoenergia'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.


Neoenergia Debt-to-Equity vs Utilities - Regulated Industry

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

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


XMAD:XNEO
77GF Score
Neoenergia SA XMAD:XNEO
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neoenergia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Neoenergia's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Neoenergia's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.57 mean?
Neoenergia (XMAD:XNEO) has a Debt-to-Equity of 1.57 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Neoenergia and its competitors. This is near median its historical median of 1.44. Over the past decade, Neoenergia's Debt-to-Equity has ranged from 1.14 to 1.66.
Is Neoenergia's Debt-to-Equity too high?
Neoenergia's current Debt-to-Equity of 1.57 is near median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 1.66. The Utilities - Regulated industry median Debt-to-Equity is 1.00. Neoenergia's value of 1.57 is 57% above this industry median. Overall, Neoenergia has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Neoenergia's Debt-to-Equity compare to NEE and SO?
Neoenergia's Debt-to-Equity of 1.57 can be compared against companies in the Utilities - Regulated industry. The industry median Debt-to-Equity is 1.00. Neoenergia's value of 1.57 is 57% above this benchmark. Historically, Neoenergia's own Debt-to-Equity has ranged from 1.14 to 1.66 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.00, Neoenergia 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 - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 1.00, based on 472 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. Neoenergia's current Debt-to-Equity of 1.57 is 57% 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 Neoenergia and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neoenergia's current Debt-to-Equity is 1.57, which is near median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neoenergia stock overvalued right now?
Neoenergia (XMAD:XNEO) has a current Debt-to-Equity of 1.57. The stock's GF Value™ is €3.71, compared to a current price of €5.45 — trading 46.9% above its estimated fair value. The current Debt-to-Equity is 1.57, which is near median its 10-year median of 1.44 and 57% above the Utilities - Regulated industry median of 1.00. Neoenergia's overall GF Score™ is 77/100 with 8 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 Neoenergia (XMAD:XNEO), the current Debt-to-Equity is 1.57 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 Neoenergia (XMAD:XNEO) Overvalued in 2026?

Based on GuruFocus' analysis, Neoenergia stock appears to be overvalued. The current stock price of €5.45 is trading 46.9% above its estimated GF Value™ of €3.71.

Key valuation signals for XMAD:XNEO:

  • Debt-to-Equity: 1.57 (near median its 10-year median of 1.44)
  • GF Value™: €3.71 vs. price of €5.45 (46.9% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 57% above the Utilities - Regulated median

No single metric tells the full story. See the XMAD:XNEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neoenergia Business Description

Other Exchanges NEOE3:Brazil
Address Praia do Flamengo 78, 3rd floor, Flamengo, RJ, BRA
Neoenergia SA is principally dedicated to the activities of distribution, transmission, generation, and commercialization of electricity. The main activities of the operating segments are as follows: (i) Networks - comprising business lines related to concessions for electricity distribution and transmission services; (ii) Renewables - comprising activities related to concessions for electricity generation services from renewable natural sources, such as wind farms, solar farms and hydroelectric plants; (iii) Liberalized - comprising electricity generation activities from thermal power plants and energy trading activities; and (iv) Other - including corporate and operational support activities. The company generates the majority of its revenue from Networks segment.
77GF Score

Get the complete analysis for XMAD:XNEO

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.45
Price
€3.71
GF Value