Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Debt-to-Equity : 1.39 (As of Mar. 2024)

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What is Transmissora Alianca de Energia Eletrica Debt-to-Equity?

Transmissora Alianca de Energia Eletrica's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$2,404 Mil. Transmissora Alianca de Energia Eletrica's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$7,368 Mil. Transmissora Alianca de Energia Eletrica's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R$7,057 Mil. Transmissora Alianca de Energia Eletrica's debt to equity for the quarter that ended in Mar. 2024 was 1.38.

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 Transmissora Alianca de Energia Eletrica's Debt-to-Equity or its related term are showing as below:

BSP:TAEE3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 0.96 Max: 1.51
Current: 1.39

During the past 13 years, the highest Debt-to-Equity Ratio of Transmissora Alianca de Energia Eletrica was 1.51. The lowest was 0.58. And the median was 0.96.

BSP:TAEE3's Debt-to-Equity is ranked worse than
68.97% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs BSP:TAEE3: 1.39

Transmissora Alianca de Energia Eletrica Debt-to-Equity Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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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Transmissora Alianca de Energia Eletrica Debt-to-Equity Chart

Transmissora Alianca de Energia Eletrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.07

1.04

1.02

1.24

1.45

Transmissora Alianca de Energia Eletrica Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.44	1.41	1.51	1.45	1.39

Competitive Comparison of Transmissora Alianca de Energia Eletrica's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transmissora Alianca de Energia Eletrica's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Transmissora Alianca de Energia Eletrica's Debt-to-Equity falls into.

Transmissora Alianca de Energia Eletrica Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Transmissora Alianca de Energia Eletrica'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
	=	(1155.364	+	8547.276)	/	6679.31
	=	1.45

Transmissora Alianca de Energia Eletrica'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
	=	(2403.871	+	7368.438)	/	7056.881
	=	1.38

Transmissora Alianca de Energia Eletrica (BSP:TAEE3) 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.

Transmissora Alianca de Energia Eletrica Debt-to-Equity Related Terms

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Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Transmissora Alianca de Energia Eletrica SA (BSP:TAEE3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TAEE4:Brazil TAEE11:Brazil

Address

Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010

Website

https://www.taesa.com.br

Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

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