EDP Renovaveis (XLIS:EDPR) Debt-to-Equity : 0.75 (As of Dec. 2023)

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What is EDP Renovaveis Debt-to-Equity?

EDP Renovaveis's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,289 Mil. EDP Renovaveis's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €7,045 Mil. EDP Renovaveis's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €11,062 Mil. EDP Renovaveis's debt to equity for the quarter that ended in Dec. 2023 was 0.75.

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 EDP Renovaveis's Debt-to-Equity or its related term are showing as below:

XLIS:EDPR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 0.65 Max: 0.81
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of EDP Renovaveis was 0.81. The lowest was 0.52. And the median was 0.65.

XLIS:EDPR's Debt-to-Equity is ranked better than
53.21% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.81 vs XLIS:EDPR: 0.75

EDP Renovaveis Debt-to-Equity Historical Data

The historical data trend for EDP Renovaveis'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.

EDP Renovaveis Debt-to-Equity Chart

EDP Renovaveis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.61

0.66

0.56

0.81

0.75

EDP Renovaveis Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.81	0.70	0.75	0.70	0.75

Competitive Comparison of EDP Renovaveis's Debt-to-Equity

For the Utilities - Renewable subindustry, EDP Renovaveis'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.

EDP Renovaveis's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

EDP Renovaveis Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EDP Renovaveis'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
	=	(1288.544	+	7044.898)	/	11062.257
	=	0.75

EDP Renovaveis'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
	=	(1288.544	+	7044.898)	/	11062.257
	=	0.75

EDP Renovaveis (XLIS:EDPR) 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.

EDP Renovaveis Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of EDP Renovaveis's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

EDP Renovaveis (XLIS:EDPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » EDP Renovaveis SA (XLIS:EDPR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EDRVF:USA EDPRu:UK 0ML1:UK EDW:Germany

Address

Calle Serrano Galvache, 56, Centro Empresarial Parque Norte, 7th Floor, Edificio Olmo, Madrid, ESP, 28033

Website

http://www.edpr.com

EDP Renovaveis, a 71%-owned subsidiary of integrated Portuguese utility EDP, was created in 2007. It builds, develops, and operates renewables plants, mostly wind and solar. With 14.7 GW of net installed capacity at the end of 2022, EDP Renovaveis is the fourth-largest renewables player in the world and the third-largest in the U.S. and Europe. The group's plants are mainly located in the U.S., Spain, Portugal, Poland, and Brazil.

EDP Renovaveis (XLIS:EDPR) Headlines

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