SPI Energy Co (FRA:7XSP) Debt-to-Equity : 5.24 (As of Sep. 2023)

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What is SPI Energy Co Debt-to-Equity?

SPI Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €46.6 Mil. SPI Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €15.0 Mil. SPI Energy Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €11.8 Mil. SPI Energy Co's debt to equity for the quarter that ended in Sep. 2023 was 5.24.

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 SPI Energy Co's Debt-to-Equity or its related term are showing as below:

FRA:7XSP' s Debt-to-Equity Range Over the Past 10 Years
Min: -27.07 Med: 0.61 Max: 30.16
Current: 5.24

During the past 13 years, the highest Debt-to-Equity Ratio of SPI Energy Co was 30.16. The lowest was -27.07. And the median was 0.61.

FRA:7XSP's Debt-to-Equity is ranked worse than
98.86% of 874 companies
in the Semiconductors industry
Industry Median: 0.26 vs FRA:7XSP: 5.24

SPI Energy Co Debt-to-Equity Historical Data

The historical data trend for SPI Energy Co'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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SPI Energy Co Debt-to-Equity Chart

SPI Energy Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-16.53

-8.15

1.47

3.76

6.17

SPI Energy Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															4.00	6.17	15.65	30.16	5.24

Competitive Comparison of SPI Energy Co's Debt-to-Equity

For the Solar subindustry, SPI Energy Co'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.

SPI Energy Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SPI Energy Co's Debt-to-Equity distribution charts can be found below:

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

SPI Energy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SPI Energy Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(51.304	+	19.685)	/	11.509
	=	6.17

SPI Energy Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(46.612	+	15.01)	/	11.762
	=	5.24

SPI Energy Co (FRA:7XSP) 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.

SPI Energy Co Debt-to-Equity Related Terms

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SPI Energy Co (FRA:7XSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SPI Energy Co Ltd (FRA:7XSP) » Definitions » Debt-to-Equity

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SPI:USA

Address

4803 Urbani Avenue, McClellan Park, Sacramento, CA, USA, 95652

Website

https://www.spigroups.com

SPI Energy Co Ltd offers photovoltaic solutions for business, residential, government, and utility customers and investors. The company provides a range of engineering, procurement, and construction services to third-party project developers. It is also engaged in the development, manufacture, and marketing of various PV modules. It procures PV modules and other equipment for project construction from independent suppliers and contract work to third-party EPC contractors in areas such as logistics, installation, construction, and supervision. The company's geographical segments are the United Kingdom, Australia, United States, Greece, Japan, and Italy, of which the majority of its revenue comes from Australia.

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