Serco Group (Serco Group) Debt-to-Equity : 0.64 (As of Dec. 2023)

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What is Serco Group Debt-to-Equity?

Serco Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $242 Mil. Serco Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $594 Mil. Serco Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,309 Mil. Serco Group's debt to equity for the quarter that ended in Dec. 2023 was 0.64.

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

SCGPY' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.12 Med: 0.81 Max: 1.52
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Serco Group was 1.52. The lowest was -12.12. And the median was 0.81.

SCGPY's Debt-to-Equity is ranked worse than
62.97% of 929 companies
in the Business Services industry
Industry Median: 0.38 vs SCGPY: 0.64

Serco Group Debt-to-Equity Historical Data

The historical data trend for Serco Group'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.

Serco Group Debt-to-Equity Chart

Serco Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.25

1.11

0.80

0.69

0.64

Serco Group 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															0.80	0.73	0.69	0.77	0.64

Competitive Comparison of Serco Group's Debt-to-Equity

For the Specialty Business Services subindustry, Serco Group'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.

Serco Group's Debt-to-Equity Distribution in the Business Services Industry

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

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

Serco Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Serco Group'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
	=	(241.772	+	593.544)	/	1308.861
	=	0.64

Serco Group'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
	=	(241.772	+	593.544)	/	1308.861
	=	0.64

Serco Group (OTCPK:SCGPY) 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.

Serco Group Debt-to-Equity Related Terms

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

Serco Group (Serco Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Serco Group PLC (OTCPK:SCGPY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SECCF:USA SRPl:UK SRP:UK SEO:Germany

Address

16 Bartley Wood Business Park, Serco House, Bartley Way, Hook, Hampshire, GBR, RG27 9UY

Website

https://www.serco.com

Serco Group PLC helps governments and public-sector bodies deliver public services. The company generates revenue from four divisions. The U.K. & Europe local and regional government division provides hospital management welfare, business support operations, and defense services in the U.K. and Europe. The Americas division provides professional, defense, technology, and management services to U.S. and Canadian governments. The Asia-Pacific segment provides frontline services, defense, citizen services in Australia, New Zealand, and Hong Kong. The Middle East division provides transport, defense, and health services in the Middle East. The company generates most of its revenue from the U.K. & Europe division.

Serco Group (Serco Group) Headlines

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