Technip Energies NV (XPAR:TE) Debt-to-Equity : 0.52 (As of Dec. 2023)

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What is Technip Energies NV Debt-to-Equity?

Technip Energies NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €196 Mil. Technip Energies NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €798 Mil. Technip Energies NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,895 Mil. Technip Energies NV's debt to equity for the quarter that ended in Dec. 2023 was 0.52.

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 Technip Energies NV's Debt-to-Equity or its related term are showing as below:

XPAR:TE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.48 Max: 0.67
Current: 0.52

During the past 7 years, the highest Debt-to-Equity Ratio of Technip Energies NV was 0.67. The lowest was 0.32. And the median was 0.48.

XPAR:TE's Debt-to-Equity is ranked worse than
54.68% of 834 companies
in the Oil & Gas industry
Industry Median: 0.44 vs XPAR:TE: 0.52

Technip Energies NV Debt-to-Equity Historical Data

The historical data trend for Technip Energies NV'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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Technip Energies NV Debt-to-Equity Chart

Technip Energies NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.48

0.36

0.67

0.58

0.52

Technip Energies NV Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.67	0.66	0.58	0.57	0.52

Competitive Comparison of Technip Energies NV's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Technip Energies NV'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.

Technip Energies NV's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Technip Energies NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Technip Energies NV's Debt-to-Equity falls into.

Technip Energies NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Technip Energies NV'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
	=	(195.7	+	797.7)	/	1894.8
	=	0.52

Technip Energies NV'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
	=	(195.7	+	797.7)	/	1894.8
	=	0.52

Technip Energies NV (XPAR:TE) 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.

Technip Energies NV Debt-to-Equity Related Terms

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Technip Energies NV (XPAR:TE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Technip Energies NV (XPAR:TE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

THNPY:USA THNPF:USA TEp:UK 68F:Germany

Address

2126 boulevard de la Defense, CS 10266, Nanterre, Cedex, FRA, 92741

Website

https://www.technipenergies.com

Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore. Substantial revenue is derived from the Project Delivery segment.