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Safran (CHIX:SAFP) Debt-to-Equity : 0.45 (As of Jun. 2024)


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What is Safran Debt-to-Equity?

Safran's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1,013 Mil. Safran's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €4,073 Mil. Safran's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €11,218 Mil. Safran's debt to equity for the quarter that ended in Jun. 2024 was 0.45.

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

CHIX:SAFp' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.59   Max: 0.72
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Safran was 0.72. The lowest was 0.12. And the median was 0.59.

CHIX:SAFp's Debt-to-Equity is ranked worse than
56.02% of 266 companies
in the Aerospace & Defense industry
Industry Median: 0.37 vs CHIX:SAFp: 0.45

Safran Debt-to-Equity Historical Data

The historical data trend for Safran'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.

Safran Debt-to-Equity Chart

Safran 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 0.59 0.57 0.56 0.67 0.57

Safran Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.72 0.67 0.62 0.57 0.45

Competitive Comparison of Safran's Debt-to-Equity

For the Aerospace & Defense subindustry, Safran'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.


Safran's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Safran's Debt-to-Equity distribution charts can be found below:

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



Safran Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Safran's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Safran  (CHIX:SAFp) 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.


Safran Debt-to-Equity Related Terms

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


Safran Business Description

Traded in Other Exchanges
Address
2, boulevard du General-Martial-Valin, Paris, FRA, 75015
Safran is a key player in the global commercial and military aerospace propulsion and equipment sectors. The group has three reportable segments: aerospace propulsion (commercial and military aircraft engines and spare parts); aircraft equipment, defense, and aerosystems (diversified business supplying components ranging from landing gear to avionics); and aircraft interiors (seats, cabins, and in-flight entertainment systems). Safran is a partner to the CFM joint venture with GE Aviation, which produces narrow-body engines.

Safran Headlines

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