Debt / Equity is defined as:
Total Debt
(/) Total Common Equity
(=) Debt / Equity
Debt / Equity for Stella X is calculated as follows:
Total Debt [ 4.15 B]
(/) Total Common Equity [ 7.002 B ]
(=) Debt / Equity [ 59.3% ]
The tables below summarizes the trend in Stella X’s Debt / Equity over the last five years:
| Fiscal Year |
Total Debt |
Total Common Equity |
Debt / Equity |
| 2020-12-31 |
3.289 B |
4.905 B |
67.0% |
| 2021-12-31 |
3.69 B |
4.285 B |
86.1% |
| 2022-12-31 |
4.688 B |
9.081 B |
51.6% |
| 2023-12-31 |
4.143 B |
8.989 B |
46.1% |
| 2024-12-31 |
4.15 B |
7.002 B |
59.3% |
The tables below summarizes the trend in Stella X’s Debt / Equity over the last four quarters:
| Fiscal Quarter |
Total Debt |
Total Common Equity |
Debt / Equity |
| 2024-03-31 |
4.13 B |
9.559 B |
43.2% |
| 2024-06-30 |
4.201 B |
9.315 B |
45.1% |
| 2024-09-30 |
4.218 B |
8.522 B |
49.5% |
| 2024-12-31 |
4.15 B |
7.002 B |
59.3% |
The higher the ratio, the more debt the company has in its capital structure.
Read More on HBR: Debt / Equity Ratio
Click the link below to download a spreadsheet with an example Levered Free Cash Flow calculation for Stella X PCL below: