Tropical Energies (XPTY:TRENCO) Debt-to-Equity : 0.57 (As of Dec. 2024)

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What is Tropical Energies Debt-to-Equity?

Tropical Energies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $45.6 Mil. Tropical Energies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $37.8 Mil. Tropical Energies's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $147.0 Mil. Tropical Energies's debt to equity for the quarter that ended in Dec. 2024 was 0.57.

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

XPTY:TRENCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.61 Max: 0.65
Current: 0.57

During the past 2 years, the highest Debt-to-Equity Ratio of Tropical Energies was 0.65. The lowest was 0.57. And the median was 0.61.

XPTY:TRENCO's Debt-to-Equity is ranked better than
64.49% of 459 companies
in the Utilities - Regulated industry
Industry Median: 0.9 vs XPTY:TRENCO: 0.57

Tropical Energies Debt-to-Equity Historical Data

The historical data trend for Tropical Energies'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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Tropical Energies Debt-to-Equity Chart

Tropical Energies Annual Data

Trend

Dec23

Dec24

Debt-to-Equity

0.65

0.57

Tropical Energies Quarterly Data
	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.65	0.61	0.58	0.57

Competitive Comparison of Tropical Energies's Debt-to-Equity

For the Utilities - Diversified subindustry, Tropical Energies'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.

Tropical Energies's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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

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Tropical Energies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tropical Energies's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(45.611	+	37.793)	/	146.979
	=	0.57

Tropical Energies's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(45.611	+	37.793)	/	146.979
	=	0.57

Tropical Energies (XPTY:TRENCO) 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.

Tropical Energies Debt-to-Equity Related Terms

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

Tropical Energies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tropical Energies Corp (XPTY:TRENCO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

East Coast, 4th floor, Tropigas Building, Santa Maria Business District, Panama, PAN, 0823 05513

Website

https://www.trenco.com.pa

Tropical Energies Corp is engaged in the energy sector. The company is a provider of gas, water, and energy solutions for households and businesses. The company provides efficient and safe solutions for homes, robust services for industries, and scalable and customized solutions for businesses.

Tropical Energies Headlines

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