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ELSA Solutions SpA (FRA:7TX) Debt-to-Equity : 0.77 (As of Dec. 2023)


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What is ELSA Solutions SpA Debt-to-Equity?

ELSA Solutions SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.56 Mil. ELSA Solutions SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.72 Mil. ELSA Solutions SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €9.47 Mil. ELSA Solutions SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.77.

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 ELSA Solutions SpA's Debt-to-Equity or its related term are showing as below:

FRA:7TX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77   Med: 1.73   Max: 1.77
Current: 0.77

During the past 3 years, the highest Debt-to-Equity Ratio of ELSA Solutions SpA was 1.77. The lowest was 0.77. And the median was 1.73.

FRA:7TX's Debt-to-Equity is ranked worse than
79.98% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs FRA:7TX: 0.77

ELSA Solutions SpA Debt-to-Equity Historical Data

The historical data trend for ELSA Solutions 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.

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ELSA Solutions SpA Debt-to-Equity Chart

ELSA Solutions SpA Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
1.77 1.73 0.77

ELSA Solutions SpA Semi-Annual Data
Dec21 Dec22 Dec23
Debt-to-Equity 1.77 1.73 0.77

Competitive Comparison of ELSA Solutions SpA's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, ELSA Solutions 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.


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

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

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



ELSA Solutions SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ELSA Solutions 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.


ELSA Solutions SpA  (FRA:7TX) 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.


ELSA Solutions SpA Debt-to-Equity Related Terms

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


ELSA Solutions SpA (FRA:7TX) Business Description

Traded in Other Exchanges
Address
Via P. Patarini 15, Imola, ITA, 40026
ELSA Solutions SpA is a company engaged in in the motion control and special purpose batteries sector. It operates through two business lines: the E-Motion line, dedicated to the system integrator activity of industrial automation systems (motion control), with which it offers solutions and components for operation, management and the control of the movement of mechanical systems in the field of industrial automation and the movement of precision, and the Aliant line, dedicated to the assembly of special purpose battery systems, in particular lithium batteries and in the hydrogen systems sector in which the Company operates as an OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturing.

ELSA Solutions SpA (FRA:7TX) Headlines

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