VNE SpA (MIL:VNE) Debt-to-Equity : 0.77 (As of Dec. 2022)

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What is VNE SpA Debt-to-Equity?

VNE SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €3.33 Mil. VNE SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €6.93 Mil. VNE SpA's Total Stockholders Equity for the quarter that ended in Dec. 2022 was €13.37 Mil. VNE SpA's debt to equity for the quarter that ended in Dec. 2022 was 0.77.

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

MIL:VNE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77 Med: 0.96 Max: 1.15
Current: 0.77

During the past 2 years, the highest Debt-to-Equity Ratio of VNE SpA was 1.15. The lowest was 0.77. And the median was 0.96.

MIL:VNE's Debt-to-Equity is ranked worse than
80% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs MIL:VNE: 0.77

VNE SpA Debt-to-Equity Historical Data

The historical data trend for VNE 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.

VNE SpA Debt-to-Equity Chart

VNE SpA Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

1.15

0.77

VNE SpA Semi-Annual Data
	Dec21	Dec22
Debt-to-Equity	1.15	0.77

Competitive Comparison of VNE SpA's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, VNE 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.

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

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

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

VNE SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VNE 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
	=	(3.334	+	6.933)	/	13.372
	=	0.77

VNE SpA's Debt to Equity Ratio for the quarter 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
	=	(3.334	+	6.933)	/	13.372
	=	0.77

VNE SpA (MIL:VNE) 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.

VNE SpA Debt-to-Equity Related Terms

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VNE SpA (MIL:VNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » VNE SpA (MIL:VNE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047

Website

https://www.vne.it

VNE SpA produces hardware and software for the management of banknotes, coins and more generally payments and transactions through cash and cashless systems, offering a wide range of customized products and boasting a production of over 7,000 machines a year. It creates, samples and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket and wherever there is a need to manage payments or automated transactions.