Panama Power Holdings (XPTY:PPHO) Debt-to-Equity : 0.91 (As of Sep. 2024)

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What is Panama Power Holdings Debt-to-Equity?

Panama Power Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $7.64 Mil. Panama Power Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $136.16 Mil. Panama Power Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $157.48 Mil. Panama Power Holdings's debt to equity for the quarter that ended in Sep. 2024 was 0.91.

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 Panama Power Holdings's Debt-to-Equity or its related term are showing as below:

XPTY:PPHO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.91 Med: 1.22 Max: 1.58
Current: 0.91

During the past 13 years, the highest Debt-to-Equity Ratio of Panama Power Holdings was 1.58. The lowest was 0.91. And the median was 1.22.

XPTY:PPHO's Debt-to-Equity is ranked worse than
53.27% of 398 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs XPTY:PPHO: 0.91

Panama Power Holdings Debt-to-Equity Historical Data

The historical data trend for Panama Power Holdings'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.

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Panama Power Holdings Debt-to-Equity Chart

Panama Power Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.18

1.12

1.09

1.02

1.01

Panama Power Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.02	1.01	1.02	0.98	0.91

Competitive Comparison of Panama Power Holdings's Debt-to-Equity

For the Utilities - Renewable subindustry, Panama Power Holdings'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.

Panama Power Holdings's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Panama Power Holdings's Debt-to-Equity distribution charts can be found below:

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

Panama Power Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Panama Power Holdings'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
	=	(12.947	+	142.077)	/	153.613
	=	1.01

Panama Power Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(7.638	+	136.163)	/	157.48
	=	0.91

Panama Power Holdings (XPTY:PPHO) 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.

Panama Power Holdings Debt-to-Equity Related Terms

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

Panama Power Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Panama Power Holdings Inc (XPTY:PPHO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Torre V 9th Floor, Avenida La Rotonda, Costa del Este, Panama, PAN

Website

http://www.panamapower.net

Panama Power Holdings Inc through its subsidiaries is involved in construction, development, and operation of renewable energy plants. It operates through four hydroelectric plants in Chiriqui, Panama.

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