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Enviva (Enviva) Debt-to-Equity : 6.23 (As of Sep. 2023)


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What is Enviva Debt-to-Equity?

Enviva's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $16 Mil. Enviva's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,914 Mil. Enviva's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $310 Mil. Enviva's debt to equity for the quarter that ended in Sep. 2023 was 6.23.

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 Enviva's Debt-to-Equity or its related term are showing as below:

EVA' s Debt-to-Equity Range Over the Past 10 Years
Min: -13.45   Med: 1.86   Max: 8.61
Current: 6.23

During the past 11 years, the highest Debt-to-Equity Ratio of Enviva was 8.61. The lowest was -13.45. And the median was 1.86.

EVA's Debt-to-Equity is ranked worse than
98.11% of 265 companies
in the Forest Products industry
Industry Median: 0.51 vs EVA: 6.23

Enviva Debt-to-Equity Historical Data

The historical data trend for Enviva'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.

Enviva Debt-to-Equity Chart

Enviva Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 2.27 -13.45 4.38 5.11

Enviva Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.85 5.11 8.61 3.94 6.23

Competitive Comparison of Enviva's Debt-to-Equity

For the Lumber & Wood Production subindustry, Enviva'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.


Enviva's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Enviva's Debt-to-Equity distribution charts can be found below:

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



Enviva Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Enviva's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Enviva's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Enviva  (NYSE:EVA) 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.


Enviva Debt-to-Equity Related Terms

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


Enviva (Enviva) Business Description

Traded in Other Exchanges
Address
7272 Wisconsin Avenue, Suite 1800, Bethesda, MD, USA, 20814
Enviva Inc develop, construct, acquire, and own and operate, fully contracted wood pellet production plants where the company aggregate a natural resource, wood fiber, and process it into dry, densified, uniform pellets that can be effectively stored and transported around the world. The company sells term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, who use pellets to displace coal and other fossil fuels to generate power and heat as part of their efforts to accelerate the energy transition away from conventional energy sources. The company derive a majority of revenues from customers in Europe.
Executives
Inclusive Capital Partners, L.p. 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Glenn Nunziata officer: EVP and CFO 7272 WISCONSIN AVE., STE 1800, BETHESDA MD 20814
Bumgarner John C Jr director
Ralph Alexander director 1000 LOUISIANA, SUITE 1450, HOUSTON TX 77002
Mark A Coscio officer: EVP and CDO 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Lansing Gerrit Livingston Jr. director C/O BTG PACTUAL, 601 LEXINGTON AVENUE, 57TH FLOOR, NEW YORK NY 10022
Gary L Whitlock director
Jason E. Paral officer: SVP, Gen. Counsel & Secretary 7272 WISCONSIN AVENUE, SUITE 1800, BETHESDA MD 20814
John-paul D. Taylor officer: SVP and CCO 7272 WISCONSIN AVENUE, SUITE 1800, BETHESDA MD 20814
Yana Kravtsova officer: EVP, Comms, Public & Env. Aff. 7550 WISCONSIN AVE., 9TH FLOOR, BETHESDA MD 20814
John K. Keppler director, officer: Chairman and CEO 7200 WISCONSIN AVENUE, SUITE 1000, BETHESDA MD 20814
Jeffrey W Ubben director, 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Shai Even officer: Exec VP and CFO 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Edward Royal Smith officer: Vice President Operations 7200 WISCONSIN AVE., SUITE 1000, BETHESDA MD 20814
Thomas Meth officer: Exec V.P. of Sales & Marketing 7200 WISCONSIN AVENUE, SUITE 1000, BETHESDA MD 20814

Enviva (Enviva) Headlines

From GuruFocus

ENVIVA FINAL DEADLINE ALERT

By PRNewswire 11-14-2023