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SBE-Varvit SpA (MIL:VARV) Debt-to-Equity : 0.18 (As of Jun. 2023)


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What is SBE-Varvit SpA Debt-to-Equity?

SBE-Varvit SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €19.7 Mil. SBE-Varvit SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €40.7 Mil. SBE-Varvit SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €343.9 Mil. SBE-Varvit SpA's debt to equity for the quarter that ended in Jun. 2023 was 0.18.

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 SBE-Varvit SpA's Debt-to-Equity or its related term are showing as below:

MIL:VARV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.21   Max: 0.21
Current: 0.18

During the past 2 years, the highest Debt-to-Equity Ratio of SBE-Varvit SpA was 0.21. The lowest was 0.18. And the median was 0.21.

MIL:VARV's Debt-to-Equity is ranked better than
62.71% of 2617 companies
in the Industrial Products industry
Industry Median: 0.28 vs MIL:VARV: 0.18

SBE-Varvit SpA Debt-to-Equity Historical Data

The historical data trend for SBE-Varvit SpA'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.

SBE-Varvit SpA Debt-to-Equity Chart

SBE-Varvit SpA Annual Data
Trend Dec21 Dec22
Debt-to-Equity
0.21 0.21

SBE-Varvit SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Debt-to-Equity 0.21 N/A 0.21 0.18

Competitive Comparison of SBE-Varvit SpA's Debt-to-Equity

For the Tools & Accessories subindustry, SBE-Varvit SpA'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.

SBE-Varvit SpA's Debt-to-Equity Distribution in the Industrial Products Industry

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

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


SBE-Varvit SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SBE-Varvit SpA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(16.059 + 49.917) / 310.906
=0.21

SBE-Varvit SpA's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(19.722 + 40.725) / 343.858
=0.18

* 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.

SBE-Varvit SpA  (MIL:VARV) 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.

SBE-Varvit SpA Debt-to-Equity Related Terms

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SBE-Varvit SpA (MIL:VARV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SBE-Varvit SpA (MIL:VARV) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
O4W:Germany
Address
Via Lazzaretti 2/A, Reggio Emilia, ITA, 42122
Website
https://www.sbe.it
SBE-Varvit SpA is a company involved in the production of fasteners, mechanical fastening joints of fundamental importance for many industrial sectors. It is able to serve a large number of sectors by offering over twenty seven thousand references including screws, nuts and cold-pressed products, of which forteen thousand are manufactured internally, at its fully verticalized production facilities.

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