ACWA Power Co (SAU:2082) Debt-to-Equity : 1.26 (As of Mar. 2024)

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What is ACWA Power Co Debt-to-Equity?

ACWA Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼1,896 Mil. ACWA Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼24,191 Mil. ACWA Power Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼20,720 Mil. ACWA Power Co's debt to equity for the quarter that ended in Mar. 2024 was 1.26.

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

SAU:2082' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.2 Med: 1.33 Max: 2.75
Current: 1.26

During the past 4 years, the highest Debt-to-Equity Ratio of ACWA Power Co was 2.75. The lowest was 1.20. And the median was 1.33.

SAU:2082's Debt-to-Equity is ranked worse than
63.1% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs SAU:2082: 1.26

ACWA Power Co Debt-to-Equity Historical Data

The historical data trend for ACWA Power 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.

* Premium members only.

ACWA Power Co Debt-to-Equity Chart

ACWA Power Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.75

1.78

1.27

1.33

ACWA Power Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									1.43	1.33	1.20	1.33	1.26

Competitive Comparison of ACWA Power Co's Debt-to-Equity

For the Utilities - Diversified subindustry, ACWA Power 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.

ACWA Power Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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

ACWA Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ACWA Power Co'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
	=	(1939.916	+	23617.116)	/	19157.958
	=	1.33

ACWA Power Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(1895.741	+	24191.423)	/	20719.779
	=	1.26

ACWA Power Co (SAU:2082) 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.

ACWA Power Co Debt-to-Equity Related Terms

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ACWA Power Co (SAU:2082) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ACWA Power Co (SAU:2082) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastern Ring Road, Exit 8, P.O. Box 22616, Qurtubah District, Riyadh, SAU, 11416

Website

https://www.acwapower.com

ACWA Power Co is engaged in the development, investment, operation, and maintenance of power generation, water desalination and green hydrogen production plants and bulk sale of electricity. The company's segments include Thermal and Water Desalination; Renewables and others. It generates maximum revenue from the Thermal and Water Desalination segment.

ACWA Power Co (SAU:2082) Headlines

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