Eneraqua Technologies (LSE:ETP) Debt-to-Equity : 0.35 (As of Jan. 2024)

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What is Eneraqua Technologies Debt-to-Equity?

Eneraqua Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £2.40 Mil. Eneraqua Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £4.30 Mil. Eneraqua Technologies's Total Stockholders Equity for the quarter that ended in Jan. 2024 was £18.97 Mil. Eneraqua Technologies's debt to equity for the quarter that ended in Jan. 2024 was 0.35.

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

LSE:ETP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.57 Max: 2.28
Current: 0.35

During the past 6 years, the highest Debt-to-Equity Ratio of Eneraqua Technologies was 2.28. The lowest was 0.01. And the median was 0.57.

LSE:ETP's Debt-to-Equity is ranked better than
74.17% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.78 vs LSE:ETP: 0.35

Eneraqua Technologies Debt-to-Equity Historical Data

The historical data trend for Eneraqua Technologies'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.

Eneraqua Technologies Debt-to-Equity Chart

Eneraqua Technologies Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

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1.66

2.28

0.01

0.32

0.35

Eneraqua Technologies Semi-Annual Data
	Jan19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial					0.01	0.38	0.32	0.29	0.35

Competitive Comparison of Eneraqua Technologies's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Eneraqua Technologies'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.

Eneraqua Technologies's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

Eneraqua Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eneraqua Technologies's Debt to Equity Ratio for the fiscal year that ended in Jan. 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
	=	(2.4	+	4.297)	/	18.965
	=	0.35

Eneraqua Technologies's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(2.4	+	4.297)	/	18.965
	=	0.35

Eneraqua Technologies (LSE:ETP) 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.

Eneraqua Technologies Debt-to-Equity Related Terms

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Eneraqua Technologies (LSE:ETP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Eneraqua Technologies PLC (LSE:ETP) » Definitions » Debt-to-Equity

Traded in Other Exchanges

Y21:Germany

Address

2 Windmill Street, Fitzrovia, London, GBR, W1T 2HX

Website

https://www.eneraquatechnologies.com

Eneraqua Technologies PLC is engaged in the provision of turnkey solutions for decarbonisation through heating and hot water systems for multiple occupancies social housing and commercial projects. Its services are split into two divisions: energy and water. The energy division focuses on clients with end-of-life gas, oil, or electric heating and hot water systems. The water division is a growing service offering focused on water efficiency upgrades utilizing the patented Control Flow HL2024 technology.