Shikun & Binui Energy (XTAE:SBEN) Debt-to-Equity : 1.46 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Shikun & Binui Energy Debt-to-Equity?

Shikun & Binui Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪192.4 Mil. Shikun & Binui Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪2,497.8 Mil. Shikun & Binui Energy's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₪1,840.6 Mil. Shikun & Binui Energy's debt to equity for the quarter that ended in Jun. 2024 was 1.46.

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 Shikun & Binui Energy's Debt-to-Equity or its related term are showing as below:

XTAE:SBEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.46 Med: 1.57 Max: 6.78
Current: 1.46

During the past 5 years, the highest Debt-to-Equity Ratio of Shikun & Binui Energy was 6.78. The lowest was 1.46. And the median was 1.57.

XTAE:SBEN's Debt-to-Equity is ranked worse than
68.64% of 405 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.82 vs XTAE:SBEN: 1.46

Shikun & Binui Energy Debt-to-Equity Historical Data

The historical data trend for Shikun & Binui Energy'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.

Shikun & Binui Energy Debt-to-Equity Chart

Shikun & Binui Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

6.78

3.89

1.57

Shikun & Binui Energy Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial										1.60	1.55	1.57	1.49	1.46

Competitive Comparison of Shikun & Binui Energy's Debt-to-Equity

For the Utilities - Renewable subindustry, Shikun & Binui Energy'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.

Shikun & Binui Energy's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shikun & Binui Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shikun & Binui Energy's Debt-to-Equity falls into.

Shikun & Binui Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shikun & Binui Energy'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
	=	(123.691	+	2496.806)	/	1674.75
	=	1.56

Shikun & Binui Energy'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
	=	(192.355	+	2497.808)	/	1840.558
	=	1.46

Shikun & Binui Energy (XTAE:SBEN) 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.

Shikun & Binui Energy Debt-to-Equity Related Terms

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

Shikun & Binui Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shikun & Binui Energy Ltd (XTAE:SBEN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1A Ha-Yarden Street, P.O.B 1133, Airport City, ISR, 7010000

Website

https://www.shikunbinui.com

Shikun & Binui Energy Ltd engages in the development, financing, construction and operation of power generation plants based on energies, such as: solar energy, hydro, wind and natural gas - in Israel and around the globe. It develops utility-scale long-term projects, taking an end-to-end approach, from the initiation stage to financing, construction, operation, and maintenance of the project.

Shikun & Binui Energy Headlines

No Headlines