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Panama Power Holdings (XPTY:PPHO) Debt-to-Equity : 1.01 (As of Dec. 2023)


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What is Panama Power Holdings Debt-to-Equity?

Panama Power Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12.98 Mil. Panama Power Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $142.41 Mil. Panama Power Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $153.97 Mil. Panama Power Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.01.

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

XPTY:PPHO' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.01   Med: 1.2   Max: 1.52
Current: 1.01

During the past 13 years, the highest Debt-to-Equity Ratio of Panama Power Holdings was 1.52. The lowest was 1.01. And the median was 1.20.

XPTY:PPHO's Debt-to-Equity is ranked worse than
55.64% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs XPTY:PPHO: 1.01

Panama Power Holdings Debt-to-Equity Historical Data

The historical data trend for Panama Power Holdings'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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Panama Power Holdings Debt-to-Equity Chart

Panama Power Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.12 1.09 1.02 1.01

Panama Power Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 1.04 1.03 1.02 1.01

Competitive Comparison of Panama Power Holdings's Debt-to-Equity

For the Utilities - Renewable subindustry, Panama Power Holdings'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.


Panama Power Holdings's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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



Panama Power Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Panama Power Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Panama Power Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Panama Power Holdings  (XPTY:PPHO) 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.


Panama Power Holdings Debt-to-Equity Related Terms

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


Panama Power Holdings (XPTY:PPHO) Business Description

Traded in Other Exchanges
N/A
Address
Torre V 9th Floor, Avenida La Rotonda, Costa del Este, Panama, PAN
Panama Power Holdings Inc through its subsidiaries is involved in construction, development, and operation of renewable energy plants. It operates through four hydroelectric plants in Chiriqui, Panama.

Panama Power Holdings (XPTY:PPHO) Headlines

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