G.P. Global Power (XTAE:GPGB-M) Debt-to-Equity : 3.49 (As of Jun. 2024)

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What is G.P. Global Power Debt-to-Equity?

G.P. Global Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪9.44 Mil. G.P. Global Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪94.28 Mil. G.P. Global Power's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₪29.76 Mil. G.P. Global Power's debt to equity for the quarter that ended in Jun. 2024 was 3.48.

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 G.P. Global Power's Debt-to-Equity or its related term are showing as below:

XTAE:GPGB-M' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.55 Med: 2.12 Max: 8.51
Current: 3.49

During the past 8 years, the highest Debt-to-Equity Ratio of G.P. Global Power was 8.51. The lowest was 1.55. And the median was 2.12.

XTAE:GPGB-M's Debt-to-Equity is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 0.82 vs XTAE:GPGB-M: 3.49

G.P. Global Power Debt-to-Equity Historical Data

The historical data trend for G.P. Global Power'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.

G.P. Global Power Debt-to-Equity Chart

G.P. Global Power Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.10

3.41

3.33

1.97

G.P. Global Power Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial											1.68	1.97	2.15	1.97	3.49

Competitive Comparison of G.P. Global Power's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, G.P. Global Power'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.

G.P. Global Power's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, G.P. Global Power's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where G.P. Global Power's Debt-to-Equity falls into.

G.P. Global Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

G.P. Global Power'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
	=	(18.275	+	77.866)	/	48.778
	=	1.97

G.P. Global Power's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(9.439	+	94.284)	/	29.763
	=	3.48

G.P. Global Power (XTAE:GPGB-M) 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.

G.P. Global Power Debt-to-Equity Related Terms

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

G.P. Global Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » G.P. Global Power Ltd (XTAE:GPGB-M) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Korazin Street 1, Givatayim, ISR, 5358301

Website

https://www.global-power.co.il

G.P. Global Power Ltd is engaged in developing projects that focus on environmental protection and electricity production. The company is focused on projects in the field of distributed electricity production for self-consumption (decentralized grid), renewable energies based on PV (photovoltaic) technology, biogas and electricity and energy storage.

G.P. Global Power Headlines

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