Holaluz-Clidom (XMAD:HLZ) Debt-to-Equity : 4.34 (As of Dec. 2023)

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What is Holaluz-Clidom Debt-to-Equity?

Holaluz-Clidom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €36.4 Mil. Holaluz-Clidom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €16.0 Mil. Holaluz-Clidom's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €12.1 Mil. Holaluz-Clidom's debt to equity for the quarter that ended in Dec. 2023 was 4.34.

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 Holaluz-Clidom's Debt-to-Equity or its related term are showing as below:

XMAD:HLZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 3.26 Max: 6.46
Current: 4.34

During the past 5 years, the highest Debt-to-Equity Ratio of Holaluz-Clidom was 6.46. The lowest was 0.55. And the median was 3.26.

XMAD:HLZ's Debt-to-Equity is ranked worse than
95.17% of 393 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.78 vs XMAD:HLZ: 4.34

Holaluz-Clidom Debt-to-Equity Historical Data

The historical data trend for Holaluz-Clidom'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.

Holaluz-Clidom Debt-to-Equity Chart

Holaluz-Clidom Annual Data

Trend

Sep19

Sep20

Dec21

Dec22

Dec23

Debt-to-Equity

0.89

0.55

6.46

3.26

4.34

Holaluz-Clidom Semi-Annual Data
	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					6.46	6.70	3.26	5.91	4.34

Competitive Comparison of Holaluz-Clidom's Debt-to-Equity

For the Utilities - Renewable subindustry, Holaluz-Clidom'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.

Holaluz-Clidom's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

Holaluz-Clidom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Holaluz-Clidom'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
	=	(36.428	+	15.99)	/	12.075
	=	4.34

Holaluz-Clidom'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
	=	(36.428	+	15.99)	/	12.075
	=	4.34

Holaluz-Clidom (XMAD:HLZ) 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.

Holaluz-Clidom Debt-to-Equity Related Terms

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Holaluz-Clidom (XMAD:HLZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Holaluz-Clidom SA (XMAD:HLZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4H2:Germany

Address

Paseo Juan de Borbon 99-101, 4th Floor, Barcelona, ESP, 08039

Website

https://www.holaluz.com

Holaluz-Clidom SA is a renewable energy company providing green energy. The company's main activity is commercialization of energy in general. Its Holaluz Cloud is a system that allows surplus energy, i.e. energy produced by customers' solar panels that cannot be consumed at the moment, to be deducted from the electricity bill.

Holaluz-Clidom (XMAD:HLZ) Headlines

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