OPG Power Ventures (LSE:OPG) Debt-to-Equity : 0.15 (As of Sep. 2023)

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What is OPG Power Ventures Debt-to-Equity?

OPG Power Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £7.1 Mil. OPG Power Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £18.0 Mil. OPG Power Ventures's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £172.2 Mil. OPG Power Ventures's debt to equity for the quarter that ended in Sep. 2023 was 0.15.

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

LSE:OPG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.57 Max: 1.59
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of OPG Power Ventures was 1.59. The lowest was 0.15. And the median was 0.57.

LSE:OPG's Debt-to-Equity is ranked better than
85.6% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.81 vs LSE:OPG: 0.15

OPG Power Ventures Debt-to-Equity Historical Data

The historical data trend for OPG Power Ventures'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.

OPG Power Ventures Debt-to-Equity Chart

OPG Power Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.52

0.36

0.29

0.26

0.19

OPG Power Ventures Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.26	0.22	0.19	0.15

Competitive Comparison of OPG Power Ventures's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, OPG Power Ventures'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.

OPG Power Ventures's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

OPG Power Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OPG Power Ventures's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(25.499	+	7.098)	/	170.757
	=	0.19

OPG Power Ventures'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
	=	(7.055	+	18.018)	/	172.202
	=	0.15

OPG Power Ventures (LSE:OPG) 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.

OPG Power Ventures Debt-to-Equity Related Terms

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

OPG Power Ventures (LSE:OPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » OPG Power Ventures PLC (LSE:OPG) » Definitions » Debt-to-Equity

Traded in Other Exchanges

OPG.GB:UK OPB:Germany

Address

55 Athol Street, Douglas, IMN, IM1 1LA

Website

https://www.opgpower.com

OPG Power Ventures PLC is engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from the group's plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short term market. The business objective of the group is to focus on the power generation business within India and thereby provide reliable, cost effective power to the industrial consumers and other users under the open access provisions mandated by the Government of India.

OPG Power Ventures (LSE:OPG) Headlines

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