Alerion CleanPower (Alerion CleanPower) Debt-to-Equity : 2.41 (As of Jun. 2023)

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What is Alerion CleanPower Debt-to-Equity?

Alerion CleanPower's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $75.8 Mil. Alerion CleanPower's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $711.1 Mil. Alerion CleanPower's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $326.9 Mil. Alerion CleanPower's debt to equity for the quarter that ended in Jun. 2023 was 2.41.

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

ALRCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.77 Med: 2.23 Max: 4.29
Current: 2.26

During the past 13 years, the highest Debt-to-Equity Ratio of Alerion CleanPower was 4.29. The lowest was 1.77. And the median was 2.23.

ALRCF's Debt-to-Equity is ranked worse than
82.56% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs ALRCF: 2.26

Alerion CleanPower Debt-to-Equity Historical Data

The historical data trend for Alerion CleanPower'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.

Alerion CleanPower Debt-to-Equity Chart

Alerion CleanPower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

4.02

3.08

2.67

2.30

Alerion CleanPower Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.67	2.85	2.30	2.41	-

Competitive Comparison of Alerion CleanPower's Debt-to-Equity

For the Utilities - Renewable subindustry, Alerion CleanPower'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.

Alerion CleanPower's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alerion CleanPower's Debt-to-Equity distribution charts can be found below:

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

Alerion CleanPower Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alerion CleanPower'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
	=	(40.888	+	688.057)	/	316.511
	=	2.30

Alerion CleanPower's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(75.839	+	711.051)	/	326.874
	=	2.41

Alerion CleanPower (OTCPK:ALRCF) 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.

Alerion CleanPower Debt-to-Equity Related Terms

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Alerion CleanPower (Alerion CleanPower) Business Description

Industry

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ARN:Italy

Address

Viale L. Majno 17, Milano, ITA, 20122

Website

http://www.alerion.it

Alerion CleanPower engages in the production of electricity through wind power. The company core business is in the production of electrical energy from renewable sources, through a portfolio of diversified plants in the solar, biomass and wind sectors. The company operates wind farms in Krupen, Bulgary and Agrigento, Licodia, Callari, Ordona, Lacedonia, Ciorlano, Albanella, Castel di Lucio, San Martino in Pensilis, and San Marco in Lamis in Italy.