Zeo Energy (Zeo Energy) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is Zeo Energy Debt-to-Equity?

Zeo Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.90 Mil. Zeo Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.81 Mil. Zeo Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $22.66 Mil. Zeo Energy's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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

ZEO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 0.09
Current: 0.09

During the past 3 years, the highest Debt-to-Equity Ratio of Zeo Energy was 0.09. The lowest was 0.02. And the median was 0.07.

ZEO's Debt-to-Equity is ranked better than
72.16% of 873 companies
in the Semiconductors industry
Industry Median: 0.27 vs ZEO: 0.09

Zeo Energy Debt-to-Equity Historical Data

The historical data trend for Zeo 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.

Zeo Energy Debt-to-Equity Chart

Zeo Energy Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.02

0.07

0.09

Zeo Energy Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.07	N/A	0.09	0.09	0.12

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

For the Solar subindustry, Zeo 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.

Zeo Energy's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zeo Energy's Debt-to-Equity distribution charts can be found below:

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

Zeo Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zeo Energy'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
	=	(0.944	+	2.026)	/	32.333
	=	0.09

Zeo Energy'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
	=	(0.9	+	1.812)	/	22.66
	=	0.12

Zeo Energy (NAS:ZEO) 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.

Zeo Energy Debt-to-Equity Related Terms

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Zeo Energy (Zeo Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zeo Energy Corp (NAS:ZEO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7625 little Road, Suite 200A, New Port Richley, FL, USA, 34654

Website

Zeo Energy Corp is a vertically integrated provider of residential solar energy systems, other energy efficient equipment and related services currently serving customers in Florida, Texas, Arkansas and Missouri.