SGS AG (SGS AG) Debt-to-Equity : 9.60 (As of Dec. 2023)

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What is SGS AG Debt-to-Equity?

SGS AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,138 Mil. SGS AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,959 Mil. SGS AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $531 Mil. SGS AG's debt to equity for the quarter that ended in Dec. 2023 was 9.60.

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 SGS AG's Debt-to-Equity or its related term are showing as below:

SGSOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.73 Med: 1.71 Max: 9.6
Current: 9.6

During the past 13 years, the highest Debt-to-Equity Ratio of SGS AG was 9.60. The lowest was 0.73. And the median was 1.71.

SGSOF's Debt-to-Equity is ranked worse than
98.6% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs SGSOF: 9.60

SGS AG Debt-to-Equity Historical Data

The historical data trend for SGS AG'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.

SGS AG Debt-to-Equity Chart

SGS AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.90

3.66

3.41

6.52

9.60

SGS AG 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															3.41	5.89	6.52	15.36	9.60

Competitive Comparison of SGS AG's Debt-to-Equity

For the Consulting Services subindustry, SGS AG'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.

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

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

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

SGS AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SGS AG'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
	=	(1137.835	+	3959.297)	/	530.759
	=	9.60

SGS AG'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
	=	(1137.835	+	3959.297)	/	530.759
	=	9.60

SGS AG (OTCPK:SGSOF) 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.

SGS AG Debt-to-Equity Related Terms

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

SGS AG (SGS AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SGS AG (OTCPK:SGSOF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SGSOY:USA SGSNz:UK 0QMI:UK SGSN:Switzerland

Address

1 Place des Alpes, P.O. Box 2152, Geneva, CHE, CH-1211

Website

https://www.sgs.com

Switzerland-listed SGS is the largest and one of the oldest companies in the testing, inspection, and certification industry. The company's primary activities involve testing products and materials, inspecting sites/industrial equipment, and certifying products and systems to ensure global/company standards. SGS is one of only four TIC companies that operate globally across numerous industries, including agriculture, food and life science, and transport services. SGS was first listed in 1981 and employs almost 100,000 people worldwide.

SGS AG (SGS AG) Headlines

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