CGE Transmision (XSGO:CGET) Debt-to-Equity : 1.72 (As of Dec. 2023)

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What is CGE Transmision Debt-to-Equity?

CGE Transmision's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CLP319,934 Mil. CGE Transmision's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CLP343,472 Mil. CGE Transmision's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CLP386,929 Mil. CGE Transmision's debt to equity for the quarter that ended in Dec. 2023 was 1.71.

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 CGE Transmision's Debt-to-Equity or its related term are showing as below:

XSGO:CGET' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.72 Med: 1.9 Max: 2.22
Current: 1.72

During the past 3 years, the highest Debt-to-Equity Ratio of CGE Transmision was 2.22. The lowest was 1.72. And the median was 1.90.

XSGO:CGET's Debt-to-Equity is ranked worse than
79.92% of 478 companies
in the Utilities - Regulated industry
Industry Median: 0.845 vs XSGO:CGET: 1.72

CGE Transmision Debt-to-Equity Historical Data

The historical data trend for CGE Transmision'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.

CGE Transmision Debt-to-Equity Chart

CGE Transmision Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

2.22

1.90

1.72

CGE Transmision Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				1.90	2.01	1.93	1.92	1.72

Competitive Comparison of CGE Transmision's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, CGE Transmision'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.

CGE Transmision's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CGE Transmision's Debt-to-Equity distribution charts can be found below:

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

CGE Transmision Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CGE Transmision'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
	=	(319934.059	+	343471.857)	/	386929.007
	=	1.71

CGE Transmision'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
	=	(319934.059	+	343471.857)	/	386929.007
	=	1.71

CGE Transmision (XSGO:CGET) 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.

CGE Transmision Debt-to-Equity Related Terms

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CGE Transmision (XSGO:CGET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CGE Transmision SA (XSGO:CGET) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Presidente Riesco 5561, 17th floor, Las Condes, Santiago, CHL

Website

https://www.cgetransmision.cl

CGE Transmision SA engages in electricity transmission. It operates in the electric power transmission sector, mainly in the zonal transmission and dedicated transmission segments. The transmission system is divided into five large segments: National Transmission; Zonal Transmission; Dedicated Transmission; Transmission for development poles; and International Interconnection System.

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