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Emeren Group (Emeren Group) Debt-to-Equity : 0.18 (As of Sep. 2023)


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What is Emeren Group Debt-to-Equity?

Emeren Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $7.06 Mil. Emeren Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $51.05 Mil. Emeren Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $322.34 Mil. Emeren Group's debt to equity for the quarter that ended in Sep. 2023 was 0.18.

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 Emeren Group's Debt-to-Equity or its related term are showing as below:

SOL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 1.57   Max: 50.32
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Emeren Group was 50.32. The lowest was 0.12. And the median was 1.57.

SOL's Debt-to-Equity is ranked better than
60.09% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs SOL: 0.18

Emeren Group Debt-to-Equity Historical Data

The historical data trend for Emeren Group'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.

Emeren Group Debt-to-Equity Chart

Emeren Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.28 0.83 0.14 0.20

Emeren Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.19 0.20 0.21 0.18 0.18

Competitive Comparison of Emeren Group's Debt-to-Equity

For the Solar subindustry, Emeren Group'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.


Emeren Group's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Emeren Group's Debt-to-Equity distribution charts can be found below:

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



Emeren Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emeren Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Emeren Group's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Emeren Group  (NYSE:SOL) 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.


Emeren Group Debt-to-Equity Related Terms

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


Emeren Group (Emeren Group) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.
Executives
Capital Management Shah director, 10 percent owner 8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615