Grupo Energia Bogota ESP (BOG:GEB) Debt-to-Equity : 0.94 (As of Sep. 2023)

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What is Grupo Energia Bogota ESP Debt-to-Equity?

Grupo Energia Bogota ESP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was COP2,752,279 Mil. Grupo Energia Bogota ESP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was COP15,262,240 Mil. Grupo Energia Bogota ESP's Total Stockholders Equity for the quarter that ended in Sep. 2023 was COP19,103,112 Mil. Grupo Energia Bogota ESP's debt to equity for the quarter that ended in Sep. 2023 was 0.94.

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 Grupo Energia Bogota ESP's Debt-to-Equity or its related term are showing as below:

BOG:GEB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.85 Max: 1.12
Current: 0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Grupo Energia Bogota ESP was 1.12. The lowest was 0.45. And the median was 0.85.

BOG:GEB's Debt-to-Equity is ranked worse than
53.14% of 478 companies
in the Utilities - Regulated industry
Industry Median: 0.845 vs BOG:GEB: 0.94

Grupo Energia Bogota ESP Debt-to-Equity Historical Data

The historical data trend for Grupo Energia Bogota ESP'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.

Grupo Energia Bogota ESP Debt-to-Equity Chart

Grupo Energia Bogota ESP Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.77

0.84

0.91

1.01

1.00

Grupo Energia Bogota ESP 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															0.93	1.00	1.07	0.99	0.94

Competitive Comparison of Grupo Energia Bogota ESP's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Grupo Energia Bogota ESP'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.

Grupo Energia Bogota ESP's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Grupo Energia Bogota ESP's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grupo Energia Bogota ESP's Debt-to-Equity falls into.

Grupo Energia Bogota ESP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grupo Energia Bogota ESP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1115579	+	19335025)	/	20502514
	=	1.00

Grupo Energia Bogota ESP's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2752279	+	15262240)	/	19103112
	=	0.94

Grupo Energia Bogota ESP (BOG:GEB) 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.

Grupo Energia Bogota ESP Debt-to-Equity Related Terms

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

Grupo Energia Bogota ESP (BOG:GEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Grupo Energia Bogota SA ESP (BOG:GEB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cra. 9 No. 73-44, Piso 6, Sede Calle 61 (Calle 61 7-78), Bogota, COL

Website

https://www.grupoenergiadebogota.com

Grupo Energia Bogota SA ESP is engaged in the generation, transmission, distribution, and commercialization of electricity in Colombia. The Company is also involved in the transportation and distribution of natural gas.

Grupo Energia Bogota ESP (BOG:GEB) Headlines

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