Secure (FRA:Q58) Debt-to-Equity : 1.44 (As of Mar. 2024)

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What is Secure Debt-to-Equity?

Secure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €4.34 Mil. Secure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €6.47 Mil. Secure's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €7.54 Mil. Secure's debt to equity for the quarter that ended in Mar. 2024 was 1.43.

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

FRA:Q58' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.81 Max: 1.44
Current: 1.44

During the past 4 years, the highest Debt-to-Equity Ratio of Secure was 1.44. The lowest was 0.33. And the median was 0.81.

FRA:Q58's Debt-to-Equity is ranked worse than
81.26% of 923 companies
in the Business Services industry
Industry Median: 0.37 vs FRA:Q58: 1.44

Secure Debt-to-Equity Historical Data

The historical data trend for Secure'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.

Secure Debt-to-Equity Chart

Secure Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.41

0.51

0.73

0.86

Secure Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial							1.08	0.65	1.01	0.86	1.44

Competitive Comparison of Secure's Debt-to-Equity

For the Security & Protection Services subindustry, Secure'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.

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

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

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

Secure Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Secure'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
	=	(2.579	+	3.027)	/	6.511
	=	0.86

Secure's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(4.344	+	6.467)	/	7.536
	=	1.43

Secure (FRA:Q58) 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.

Secure Debt-to-Equity Related Terms

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

Secure (FRA:Q58) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Secure Inc (FRA:Q58) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4264:Japan

Address

2-6-1 Nishishinjuku, 20F Shinjuku-Sumitomo Building, Shinjuku-ku, Tokyo, JPN, 163-0220

Website

https://www.secureinc.co.jp

Secure Inc provides access control and surveillance camera systems for corporate service.

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