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Opc Energy (XTAE:OPCE) Debt-to-Equity : 1.46 (As of Mar. 2024)


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What is Opc Energy Debt-to-Equity?

Opc Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪394 Mil. Opc Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪5,283 Mil. Opc Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₪3,886 Mil. Opc Energy's debt to equity for the quarter that ended in Mar. 2024 was 1.46.

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 Opc Energy's Debt-to-Equity or its related term are showing as below:

XTAE:OPCE' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.2   Med: 2.36   Max: 3.88
Current: 1.46

During the past 9 years, the highest Debt-to-Equity Ratio of Opc Energy was 3.88. The lowest was 1.20. And the median was 2.36.

XTAE:OPCE's Debt-to-Equity is ranked worse than
67.43% of 393 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.78 vs XTAE:OPCE: 1.46

Opc Energy Debt-to-Equity Historical Data

The historical data trend for Opc Energy'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.

Opc Energy Debt-to-Equity Chart

Opc Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 2.75 1.80 1.71 1.20 1.50

Opc Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 1.37 1.36 1.50 1.46

Competitive Comparison of Opc Energy's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Opc Energy'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.


Opc Energy's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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



Opc Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Opc Energy'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.


Opc Energy  (XTAE:OPCE) 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.


Opc Energy Debt-to-Equity Related Terms

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


Opc Energy (XTAE:OPCE) Business Description

Traded in Other Exchanges
N/A
Address
121 Menachem Begin Boulevard, Azrieli Tower Sharona, Tel Aviv, ISR
Opc Energy Ltd and its subsidiaries are engaged in the generation and supply of electricity, including, initiation, development, construction, and operation of power plants as well as generation and supply of electricity to private customers and Israel Electric Company. The company reporting segment includes the Generation and supply of electricity. Its projects include Rotem and Hadera.

Opc Energy (XTAE:OPCE) Headlines

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