Abu Dhabi National Energy Co PJSC (ADX:TAQA) Debt-to-Equity : 0.75 (As of Dec. 2023)

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What is Abu Dhabi National Energy Co PJSC Debt-to-Equity?

Abu Dhabi National Energy Co PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ6,414 Mil. Abu Dhabi National Energy Co PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ55,330 Mil. Abu Dhabi National Energy Co PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ82,518 Mil. Abu Dhabi National Energy Co PJSC's debt to equity for the quarter that ended in Dec. 2023 was 0.75.

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 Abu Dhabi National Energy Co PJSC's Debt-to-Equity or its related term are showing as below:

ADX:TAQA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 8.29 Max: 26.34
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of Abu Dhabi National Energy Co PJSC was 26.34. The lowest was 0.00. And the median was 8.29.

ADX:TAQA's Debt-to-Equity is ranked better than
54.11% of 475 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs ADX:TAQA: 0.75

Abu Dhabi National Energy Co PJSC Debt-to-Equity Historical Data

The historical data trend for Abu Dhabi National Energy Co PJSC'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.

Abu Dhabi National Energy Co PJSC Debt-to-Equity Chart

Abu Dhabi National Energy Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.24

1.00

0.88

0.75

Abu Dhabi National Energy Co PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.88	0.76	0.76	0.74	0.75

Competitive Comparison of Abu Dhabi National Energy Co PJSC's Debt-to-Equity

For the Utilities - Diversified subindustry, Abu Dhabi National Energy Co PJSC'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.

Abu Dhabi National Energy Co PJSC's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Abu Dhabi National Energy Co PJSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Abu Dhabi National Energy Co PJSC's Debt-to-Equity falls into.

Abu Dhabi National Energy Co PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Abu Dhabi National Energy Co PJSC'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
	=	(6414	+	55330)	/	82518
	=	0.75

Abu Dhabi National Energy Co PJSC's Debt to Equity Ratio for the quarter 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
	=	(6414	+	55330)	/	82518
	=	0.75

Abu Dhabi National Energy Co PJSC (ADX:TAQA) 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.

Abu Dhabi National Energy Co PJSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Abu Dhabi National Energy Co PJSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Abu Dhabi National Energy Co PJSC (ADX:TAQA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Abu Dhabi National Energy Co PJSC (ADX:TAQA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, 25th Floor, Al Maqam Tower (Tower 3), P.O. Box 55224, Al Maryah Island, Abu Dhabi, ARE

Website

https://www.taqa.com

Abu Dhabi National Energy Co PJSC which is majority-owned by the Abu Dhabi government is a fully integrated leading global energy provider with operations in nine markets around the world. Its segment includes Power and Water Generation segment, Power and Water Transmission and Distribution segment, Oil and Gas segment which is in North America, Europe, and Atrush. These segments provide services in power generation, water desalination, oil and gas exploration, pipelines, as well as gas storage.

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