GE Vernova (GE Vernova) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is GE Vernova Debt-to-Equity?

GE Vernova's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. GE Vernova's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. GE Vernova's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $8,974 Mil. GE Vernova's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 GE Vernova's Debt-to-Equity or its related term are showing as below:

During the past 3 years, the highest Debt-to-Equity Ratio of GE Vernova was 0.11. The lowest was 0.11. And the median was 0.11.

GEV's Debt-to-Equity is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.79
* Ranked among companies with meaningful Debt-to-Equity only.

GE Vernova Debt-to-Equity Historical Data

The historical data trend for GE Vernova'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.

GE Vernova Debt-to-Equity Chart

GE Vernova Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.11

GE Vernova Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Debt-to-Equity	N/A	0.11	N/A	-	-

Competitive Comparison of GE Vernova's Debt-to-Equity

For the Utilities - Renewable subindustry, GE Vernova'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.

GE Vernova's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

GE Vernova Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GE Vernova'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
	=	(0	+	0)	/	8004
	=	0.00

GE Vernova'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
	=	(0	+	0)	/	8974
	=	0.00

GE Vernova (NYSE:GEV) 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.

GE Vernova Debt-to-Equity Related Terms

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GE Vernova (GE Vernova) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GE Vernova Inc (NYSE:GEV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

Y5C:Germany

Address

58 Charles Street, Cambridge, MA, USA

Website

https://www.gevernova.com

GE Vernova operates through its subsidiaries is a purpose-built global energy company spanning the power, wind and electrification segments, supported by advanced research, consulting and financial services accelerators. It helps customers improve energy efficiency and deliver electricity that is critical to improving health, safety and quality of life.

GE Vernova (GE Vernova) Headlines

From GuruFocus

GE Vernova to Announce First Quarter 2024 Financial Results on April 25

By Business Wire • 04-18-2024