ReVolve Renewable Power (TSXV:REVV) Debt-to-Equity : 1.95 (As of Dec. 2023)

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What is ReVolve Renewable Power Debt-to-Equity?

ReVolve Renewable Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.62 Mil. ReVolve Renewable Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.89 Mil. ReVolve Renewable Power's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$1.80 Mil. ReVolve Renewable Power's debt to equity for the quarter that ended in Dec. 2023 was 1.95.

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 ReVolve Renewable Power's Debt-to-Equity or its related term are showing as below:

TSXV:REVV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 1.21 Max: 4.88
Current: 1.95

During the past 4 years, the highest Debt-to-Equity Ratio of ReVolve Renewable Power was 4.88. The lowest was 0.46. And the median was 1.21.

TSXV:REVV's Debt-to-Equity is ranked worse than
76.61% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.81 vs TSXV:REVV: 1.95

ReVolve Renewable Power Debt-to-Equity Historical Data

The historical data trend for ReVolve Renewable Power'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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ReVolve Renewable Power Debt-to-Equity Chart

ReVolve Renewable Power Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.81

4.88

ReVolve Renewable Power Quarterly Data
	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.84	1.21	4.88	4.88	1.95

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

For the Utilities - Renewable subindustry, ReVolve 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.

ReVolve Renewable Power's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

ReVolve Renewable Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ReVolve Renewable Power's Debt to Equity Ratio for the fiscal year 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
	=	(1.605	+	1.868)	/	0.712
	=	4.88

ReVolve Renewable Power's Debt to Equity Ratio for the quarter 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
	=	(1.619	+	1.886)	/	1.798
	=	1.95

ReVolve Renewable Power (TSXV:REVV) 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.

ReVolve Renewable Power Debt-to-Equity Related Terms

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ReVolve Renewable Power (TSXV:REVV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReVolve Renewable Power Corp (TSXV:REVV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

REVVF:USA

Address

Philpsburgh Avenue Fairview, Bushfield House, 57 Bushfield Square, Dublin, IRL, 3

Website

https://www.revolve-renewablepower.com

Revolve Renewable Power Corp is a developer of utility-scale renewable energy generation projects in North America with a focus on wind, solar, and battery storage technologies. Its project portfolio includes Utility scale assets and Development generation assets. The company has three business segments (1) Renewable energy projects (2) behind-the-meter distributed electricity generation including rooftop solar, battery storage, and energy efficiency projects at customer premises (3) Corporate. The company operates geographically in the USA, Mexico, Canada, and others.

Executives

Stephen Dalton

Director

ReVolve Renewable Power (TSXV:REVV) Headlines

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