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Auren Energia (BSP:AURE3) Debt-to-Equity : 0.54 (As of Mar. 2024)


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What is Auren Energia Debt-to-Equity?

Auren Energia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$865 Mil. Auren Energia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$5,673 Mil. Auren Energia's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R$12,223 Mil. Auren Energia's debt to equity for the quarter that ended in Mar. 2024 was 0.53.

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

BSP:AURE3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.45   Max: 1.06
Current: 0.54

During the past 4 years, the highest Debt-to-Equity Ratio of Auren Energia was 1.06. The lowest was 0.38. And the median was 0.45.

BSP:AURE3's Debt-to-Equity is ranked better than
66.58% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.8 vs BSP:AURE3: 0.54

Auren Energia Debt-to-Equity Historical Data

The historical data trend for Auren Energia'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.

Auren Energia Debt-to-Equity Chart

Auren Energia Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.97 1.06 0.39 0.52

Auren Energia Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.40 0.46 0.45 0.52 0.54

Competitive Comparison of Auren Energia's Debt-to-Equity

For the Utilities - Renewable subindustry, Auren Energia'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.


Auren Energia's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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



Auren Energia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Auren Energia's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Auren Energia's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Auren Energia  (BSP:AURE3) 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.


Auren Energia Debt-to-Equity Related Terms

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


Auren Energia (BSP:AURE3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Doutora Ruth Cardoso, 8501, 2nd Floor, Room 11, Pinheiros, Sao Paulo, SP, BRA, CEP 05425-070
Auren Energia SA operates as an energy company. Its activity includes Wind power generation, Hydropower generation, Sale of energy and Holding and Pipeline projects.

Auren Energia (BSP:AURE3) Headlines

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