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Servotronics (Servotronics) Debt-to-Equity : 0.09 (As of Dec. 2023)


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What is Servotronics Debt-to-Equity?

Servotronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.10 Mil. Servotronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Servotronics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $24.49 Mil. Servotronics's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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

SVT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.14   Max: 0.29
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Servotronics was 0.29. The lowest was 0.01. And the median was 0.14.

SVT's Debt-to-Equity is ranked better than
76.15% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs SVT: 0.09

Servotronics Debt-to-Equity Historical Data

The historical data trend for Servotronics'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.

Servotronics Debt-to-Equity Chart

Servotronics 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 0.18 0.29 0.14 0.01 0.09

Servotronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.03 0.15 0.09 0.09

Competitive Comparison of Servotronics's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Servotronics'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.


Servotronics's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Servotronics's Debt-to-Equity distribution charts can be found below:

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



Servotronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Servotronics's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Servotronics  (AMEX:SVT) 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.


Servotronics Debt-to-Equity Related Terms

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


Servotronics (Servotronics) Business Description

Traded in Other Exchanges
N/A
Address
1110 Maple Street, Post Office Box 300, Elma, NY, USA, 14059
Servotronics Inc is a U.S based company that designs, manufactures, and markets technology products consisting of control components and consumer products, consisting of knives and various types of cutlery and other edged products. The company operates in the segments of Technology Group, which is the key revenue-generating segment, and Consumer Products Group. Technology Group operations involve the design, manufacture, and marketing of servo-control components, which include torque motors, control valves, and actuators, among others for government, commercial and industrial applications. Consumer Products Group operations involve the designing, manufacturing, and marketing of a range of cutlery products for use by consumers and government agencies.
Executives
Robert Fraass officer: Chief Financial Officer 1110 MAPLE STREET, PO BOX 300, ELMA NY 14059
Kenneth D Trbovich officer: President 1110 MAPLE STREET, ELMA NY 14059
Estate Of Nicholas D. Trbovich, Sr. 10 percent owner 960 PORTERVILLE ROAD, EAST AURORA NY 14052
Brent D Baird 10 percent owner 1350 ONE M&T PLAZA, BUFFALO NY 14203-2396
Evan H Wax director 44 CHERRY LANE, MADISON CT 06443
Founders Software, Inc. 10 percent owner 401 EAST AMHERST ST, BUFFALO NY 14215
Snyder Paul L. Iii 10 percent owner 401 EAST AMHERST ST, BUFFALO NY 14215
Beaver Hollow Wellness, Llc 10 percent owner 401 EAST AMHERST ST, BUFFALO NY 14215
Edward C Cosgrove director 525 DELAWARE AVENUE, BUFFALO NY 14202
Lucion P Gygax director 1110 MAPLE STREET, ELMA NY 14059
Christopher M Marks director 360 DELAWARE AVENUE, SUITE 230, BUFFALO NY 14202
Karen L Howard director C/O SERVOTRONICS, INC., 1110 MAPLE STREET, ELMA NY 14059
Farrell William F Jr. director, officer: Chief Executive Officer 1110 MAPLE STREET, PO BOX 300, ELMA NY 14059
Jason T Bear director 5301 N. COMMERCE AVE., SUITE C, MOORPARK CA 93021
Lisa F Bencel officer: Chief Financial Officer 1110 MAPLE STREET, ELMA NY 14059