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TTE (TotalEnergies SE) Debt-to-Equity : 0.46 (As of Jun. 2024)


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What is TotalEnergies SE Debt-to-Equity?

TotalEnergies SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $11,271 Mil. TotalEnergies SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $42,526 Mil. TotalEnergies SE's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $117,379 Mil. TotalEnergies SE's debt to equity for the quarter that ended in Jun. 2024 was 0.46.

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 TotalEnergies SE's Debt-to-Equity or its related term are showing as below:

TTE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41   Med: 0.54   Max: 0.77
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of TotalEnergies SE was 0.77. The lowest was 0.41. And the median was 0.54.

TTE's Debt-to-Equity is ranked better than
50.25% of 814 companies
in the Oil & Gas industry
Industry Median: 0.46 vs TTE: 0.46

TotalEnergies SE Debt-to-Equity Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Debt-to-Equity Chart

TotalEnergies SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.73 0.56 0.51 0.41

TotalEnergies SE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.49 0.50 0.41 0.47 0.46

Competitive Comparison of TotalEnergies SE's Debt-to-Equity

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


TotalEnergies SE's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TotalEnergies SE's Debt-to-Equity distribution charts can be found below:

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



TotalEnergies SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

TotalEnergies SE's Debt to Equity Ratio for the quarter that ended in Jun. 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.


TotalEnergies SE  (NYSE:TTE) 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.


TotalEnergies SE Debt-to-Equity Related Terms

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


TotalEnergies SE Business Description

Address
2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.6 million barrels of liquids and 5.0 billion cubic feet of natural gas per day. At end-2023, reserves stood at 10.6 billion barrels of oil equivalent, 56% of which are liquids. During 2023, it had LNG sales of 44.3 metric tons. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. At year-end, its gross installed renewable power generation capacity was 22.4 gigawatts.

TotalEnergies SE Headlines

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