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Prysmian SpA (Prysmian SpA) Debt-to-Equity : 0.82 (As of Dec. 2023)


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What is Prysmian SpA Debt-to-Equity?

Prysmian SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $663 Mil. Prysmian SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,713 Mil. Prysmian SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,123 Mil. Prysmian SpA's debt to equity for the quarter that ended in Dec. 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 Prysmian SpA's Debt-to-Equity or its related term are showing as below:

PRYMY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.82   Med: 1.23   Max: 1.49
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Prysmian SpA was 1.49. The lowest was 0.82. And the median was 1.23.

PRYMY's Debt-to-Equity is ranked worse than
82.36% of 2619 companies
in the Industrial Products industry
Industry Median: 0.28 vs PRYMY: 0.82

Prysmian SpA Debt-to-Equity Historical Data

The historical data trend for Prysmian 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.

Prysmian SpA Debt-to-Equity Chart

Prysmian SpA 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 1.34 1.40 1.28 0.86 0.82

Prysmian SpA 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 0.86 0.85 0.88 0.81 0.82

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

For the Electrical Equipment & Parts subindustry, Prysmian 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.


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

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

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



Prysmian SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Prysmian SpA'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.


Prysmian SpA  (OTCPK:PRYMY) 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.


Prysmian SpA Debt-to-Equity Related Terms

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


Prysmian SpA (Prysmian SpA) Business Description

Address
Via Chiese 6, MIlan, ITA, 20126
Prysmian SpA is an Italian manufacturer of electric power transmission and telecommunications cables and systems. Its business is organized in three segments--Projects, which focuses on the execution of underground and submarine cable projects; Energy Products, which provides power distribution, and industrial and network components; and Telecom, which makes cable systems and connectivity products. More than half of the firm's revenue is generated in the Europe, Middle East, and Africa regions, with the rest coming from North America, Latin America, and Asia-Pacific regions.