Huaneng Power International (Huaneng Power International) Debt-to-Equity : 2.17 (As of Mar. 2024)

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What is Huaneng Power International Debt-to-Equity?

Huaneng Power International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $15,264 Mil. Huaneng Power International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $25,868 Mil. Huaneng Power International's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $18,924 Mil. Huaneng Power International's debt to equity for the quarter that ended in Mar. 2024 was 2.17.

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

HUNGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.75 Med: 2.23 Max: 3.1
Current: 2.17

During the past 13 years, the highest Debt-to-Equity Ratio of Huaneng Power International was 3.10. The lowest was 1.75. And the median was 2.23.

HUNGF's Debt-to-Equity is ranked worse than
79.07% of 387 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs HUNGF: 2.17

Huaneng Power International Debt-to-Equity Historical Data

The historical data trend for Huaneng Power International'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.

Huaneng Power International Debt-to-Equity Chart

Huaneng Power International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.42

1.95

2.74

2.77

2.18

Huaneng Power International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.28	2.24	2.16	2.18	2.17

Competitive Comparison of Huaneng Power International's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Huaneng Power International'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.

Huaneng Power International's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

Huaneng Power International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Huaneng Power International'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
	=	(12814.746	+	27526.491)	/	18506.297
	=	2.18

Huaneng Power International's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(15264.334	+	25867.878)	/	18924.206
	=	2.17

Huaneng Power International (OTCPK:HUNGF) 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.

Huaneng Power International Debt-to-Equity Related Terms

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Huaneng Power International (Huaneng Power International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Power International Inc (OTCPK:HUNGF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

00902:Hong Kong HUP1:Germany HUP1:Germany 600011:China

Address

No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031

Website

https://www.hpi.com.cn

Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.