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Sodexo (Sodexo) Debt-to-Equity : 1.27 (As of Feb. 2024)


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What is Sodexo Debt-to-Equity?

Sodexo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $225 Mil. Sodexo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $5,796 Mil. Sodexo's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $4,761 Mil. Sodexo's debt to equity for the quarter that ended in Feb. 2024 was 1.26.

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

SDXAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71   Med: 1.23   Max: 2.31
Current: 1.27

During the past 13 years, the highest Debt-to-Equity Ratio of Sodexo was 2.31. The lowest was 0.71. And the median was 1.23.

SDXAY's Debt-to-Equity is ranked worse than
78.92% of 930 companies
in the Business Services industry
Industry Median: 0.395 vs SDXAY: 1.27

Sodexo Debt-to-Equity Historical Data

The historical data trend for Sodexo'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.

Sodexo Debt-to-Equity Chart

Sodexo Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 2.31 2.22 1.51 1.41

Sodexo Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 1.82 1.51 1.61 1.41 1.27

Competitive Comparison of Sodexo's Debt-to-Equity

For the Specialty Business Services subindustry, Sodexo'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.


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

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

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



Sodexo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sodexo's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Sodexo's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


Sodexo  (OTCPK:SDXAY) 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.


Sodexo Debt-to-Equity Related Terms

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


Sodexo (Sodexo) Business Description

Traded in Other Exchanges
Address
255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux (Hauts-de-Seine), Cedex 9, Paris, FRA, 92130
Sodexo is one of the largest food service companies globally, operating in more than 80 countries with annual sales of over EUR 21 billion. Sodexo's model stems from operating on-premise catering facilities, rather than centralised industrial kitchens. While food services remains the largest business segment (58% of revenue in 2022), the company has actively pursued a strategy of diversifying its business activities into other areas, such as facilities-management services, which now represents 38% of group revenue.

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