Euro Group Laminations SpA (MIL:EGLA) Debt-to-Equity : 0.82 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Euro Group Laminations SpA Debt-to-Equity?

Euro Group Laminations SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €121.3 Mil. Euro Group Laminations SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €220.3 Mil. Euro Group Laminations SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €415.7 Mil. Euro Group Laminations SpA's debt to equity for the quarter that ended in Jun. 2023 was 0.82.

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

MIL:EGLA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.82 Med: 2.32 Max: 3.35
Current: 0.82

During the past 4 years, the highest Debt-to-Equity Ratio of Euro Group Laminations SpA was 3.35. The lowest was 0.82. And the median was 2.32.

MIL:EGLA's Debt-to-Equity is ranked worse than
82.16% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs MIL:EGLA: 0.82

Euro Group Laminations SpA Debt-to-Equity Historical Data

The historical data trend for Euro Group Laminations 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.

Euro Group Laminations SpA Debt-to-Equity Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

3.35

2.62

2.26

2.33

Euro Group Laminations SpA Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			2.26	N/A	2.30	2.33	0.82

Competitive Comparison of Euro Group Laminations SpA's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Euro Group Laminations 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.

Euro Group Laminations SpA's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Euro Group Laminations SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Euro Group Laminations 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
	=	(149.471	+	231.979)	/	163.505
	=	2.33

Euro Group Laminations 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
	=	(121.294	+	220.269)	/	415.694
	=	0.82

Euro Group Laminations SpA (MIL:EGLA) 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.

Euro Group Laminations SpA Debt-to-Equity Related Terms

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

Euro Group Laminations SpA (MIL:EGLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

QK9:Germany QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors. The group is organized into two operating segments which are EV and Automotive which operate mainly in the electric automotive sector and in general in all applications related to the automotive sector. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. The company earns the majority of its revenue from the Industrial segment.