Applus Services (FRA:39A) Debt-to-Equity : 1.99 (As of Dec. 2023)

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What is Applus Services Debt-to-Equity?

Applus Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €109 Mil. Applus Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €965 Mil. Applus Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €541 Mil. Applus Services's debt to equity for the quarter that ended in Dec. 2023 was 1.99.

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

FRA:39A' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.82 Med: 1.34 Max: 1.99
Current: 1.99

During the past 13 years, the highest Debt-to-Equity Ratio of Applus Services was 1.99. The lowest was 0.82. And the median was 1.34.

FRA:39A's Debt-to-Equity is ranked worse than
86.29% of 926 companies
in the Business Services industry
Industry Median: 0.375 vs FRA:39A: 1.99

Applus Services Debt-to-Equity Historical Data

The historical data trend for Applus Services'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.

Applus Services Debt-to-Equity Chart

Applus Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.00

1.56

1.57

1.69

1.99

Applus Services Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.57	1.74	1.69	1.93	1.99

Competitive Comparison of Applus Services's Debt-to-Equity

For the Specialty Business Services subindustry, Applus Services'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.

Applus Services's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Applus Services's Debt-to-Equity distribution charts can be found below:

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

Applus Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Applus Services'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
	=	(108.688	+	965.087)	/	540.529
	=	1.99

Applus Services's Debt to Equity Ratio for the quarter 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
	=	(108.688	+	965.087)	/	540.529
	=	1.99

Applus Services (FRA:39A) 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.

Applus Services Debt-to-Equity Related Terms

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Applus Services (FRA:39A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Applus Services SA (FRA:39A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0QTZ:UK APPS:Spain

Address

C/ Campezo n 1, Parque Empresarial Las Mercedes, Edificio 3, Madrid, ESP, 28022

Website

https://www.applus.com

Applus Services SA is a Spain-based company that provides testing, inspection and certification services. The company operates through four divisions. The energy and industry division, which accounts for the majority of revenue, is primarily engaged in industrial and environmental inspection, technical assistance, technical staffing, and others. The automotive division conducts statutory vehicle inspection services for safety and emissions. The IDIADA division provides vehicle proving ground, engineering, design and other services. The laboratories division conducts product testing and certification services for laboratories. Europe, North America, Asia Pacific are the three biggest markets for the company.

Applus Services (FRA:39A) Headlines

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