SMG European Recovery SPAC SE (FRA:RCVR) Debt-to-Equity : 0.00 (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is SMG European Recovery SPAC SE Debt-to-Equity?

SMG European Recovery SPAC SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. SMG European Recovery SPAC SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. SMG European Recovery SPAC SE's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €-14.68 Mil. SMG European Recovery SPAC SE's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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 SMG European Recovery SPAC SE's Debt-to-Equity or its related term are showing as below:

FRA:RCVR's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

SMG European Recovery SPAC SE Debt-to-Equity Historical Data

The historical data trend for SMG European Recovery SPAC SE'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.

SMG European Recovery SPAC SE Debt-to-Equity Chart

SMG European Recovery SPAC SE Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

SMG European Recovery SPAC SE Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	-	-	-	-

Competitive Comparison of SMG European Recovery SPAC SE's Debt-to-Equity

For the Shell Companies subindustry, SMG European Recovery SPAC SE'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.

SMG European Recovery SPAC SE's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SMG European Recovery SPAC SE's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SMG European Recovery SPAC SE's Debt-to-Equity falls into.

SMG European Recovery SPAC SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SMG European Recovery SPAC SE's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0	+	0)	/	116.605
	=	0.00

SMG European Recovery SPAC SE's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0	+	0)	/	-14.683
	=	0.00

SMG European Recovery SPAC SE (FRA:RCVR) 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.

SMG European Recovery SPAC SE Debt-to-Equity Related Terms

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

SMG European Recovery SPAC SE (FRA:RCVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SMG European Recovery SPAC SE (FRA:RCVR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RCVR:Germany

Address

9, rue de Bitbourg, Luxembourg, LUX, L-1273

Website

https://www.smg-spac.com

SMG European Recovery SPAC SE is a special-purpose acquisition company that intends to seek a suitable target for the Business Combination in the real estate-related hospitality sector with a focus on the sub-sector lodging and leisure.

SMG European Recovery SPAC SE (FRA:RCVR) Headlines

No Headlines