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Energy Recovery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.9 Mil. Energy Recovery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $11.0 Mil. Energy Recovery's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $216.0 Mil. Energy Recovery's debt to equity for the quarter that ended in Mar. 2024 was 0.06.
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 Energy Recovery's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Energy Recovery was 0.14. The lowest was 0.00. And the median was 0.09.
The historical data trend for Energy Recovery'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.
Energy Recovery Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.09 | 0.10 | 0.09 | 0.08 | 0.06 |
Energy Recovery 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 | 0.08 | 0.08 | 0.07 | 0.06 | 0.06 |
For the Pollution & Treatment Controls subindustry, Energy Recovery'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.
For the Industrial Products industry and Industrials sector, Energy Recovery's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Energy Recovery's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Energy Recovery'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 | |
= | (1.791 | + | 11.488) | / | 219.808 | |
= | 0.06 |
Energy Recovery'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 | |
= | (1.854 | + | 10.959) | / | 216.037 | |
= | 0.06 |
* 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.
Energy Recovery (NAS:ERII) 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.
Thank you for viewing the detailed overview of Energy Recovery's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Joshua Ballard | officer: Chief Financial Officer | 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577 |
Joan Kai Chow | director | 215 W DIEHL ROAD, NAPERVILLE IL 60563 |
Sabol Colin R | director | 9921 MONTIANO DRIVE, NAPLES FL 34113 |
David W Moon | director | 2800 BELCLAIRE DRIVE, FRISCO TX 75034 |
Mao Robert Yu Lang | director | 2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101 |
Pamela L. Tondreau | director | 198 CHAMPION COURT, SAN JOSE CA 95134 |
Farshad Ghasripoor | officer: Chief Technology Officer | 1717 DOOLITTLE DRVIE, SAN LEANDRO CA 94577 |
William Yeung | officer: General Counsel | 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577 |
Rodney Clemente | officer: VP, Global Desalination Sales | 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577 |
Arve Hanstveit | director | C/O ENERGY RECOVERY, INC., 1908 DOOLITTLE DRIVE, SAN LEANDRO CA 94577 |
Lisa A Pollina | director | 950 N. MICHIGAN AVENUE, UNIT 2305, CHICAGO IL 60611 |
Sherif Foda | director | C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056 |
Alexander J Buehler | director | C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005 |
Ole Peter Lorentzen | 10 percent owner | POSTBOKS A, BYGD0Y, OSLO Q8 0211 |
Emily Smith | officer: VP, Marketing | 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577 |
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