ME Renewable Power (ME Renewable Power) Debt-to-Equity : -0.50 (As of Mar. 2022)

ME Renewable Power Debt-to-Equity Chart

ME Renewable Power Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Debt-to-Equity	Get a 7-Day Free Trial															-0.73	-0.73	-0.71	-0.48	-0.50

Competitive Comparison of ME Renewable Power's Debt-to-Equity

For the Shell Companies subindustry, ME Renewable Power'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.

ME Renewable Power's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ME Renewable Power's Debt-to-Equity distribution charts can be found below:

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

ME Renewable Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ME Renewable Power's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

ME Renewable Power's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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.

ME Renewable Power  (OTCPK:MEPW) 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.

ME Renewable Power Debt-to-Equity Related Terms

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ME Renewable Power (ME Renewable Power) Business Description