SPIE (LTS:0R8M) Debt-to-Equity : 1.50 (As of Jun. 2024)

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What is SPIE Debt-to-Equity?

SPIE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €842 Mil. SPIE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2,010 Mil. SPIE's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €1,907 Mil. SPIE's debt to equity for the quarter that ended in Jun. 2024 was 1.50.

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

LTS:0R8M' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.03 Med: 1.47 Max: 6.75
Current: 1.5

During the past 11 years, the highest Debt-to-Equity Ratio of SPIE was 6.75. The lowest was 1.03. And the median was 1.47.

LTS:0R8M's Debt-to-Equity is ranked worse than
86.13% of 1564 companies
in the Construction industry
Industry Median: 0.44 vs LTS:0R8M: 1.50

SPIE Debt-to-Equity Historical Data

The historical data trend for SPIE'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.

SPIE Debt-to-Equity Chart

SPIE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.70

1.64

1.50

1.39

1.29

SPIE 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															1.39	1.39	1.19	1.29	1.50

Competitive Comparison of SPIE's Debt-to-Equity

For the Engineering & Construction subindustry, SPIE'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.

SPIE's Debt-to-Equity Distribution in the Construction Industry

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

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

SPIE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SPIE'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
	=	(557.652	+	1952.161)	/	1952.241
	=	1.29

SPIE's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(841.6	+	2010.2)	/	1907.3
	=	1.50

SPIE (LTS:0R8M) 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.

SPIE Debt-to-Equity Related Terms

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

SPIE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SPIE SA (LTS:0R8M) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SPIEp:UK SPIE:France 4SP:Germany

Address

10, Avenue de l’Entreprise, Cergy-Pontoise, FRA, 95863

Website

https://www.spie.com

SPIE SA is a European provider of multi-technical services in electrical, mechanical, and HVAC engineering and communication systems as well as specialized energy-related services. It helps its customers design, build, operate and maintain facilities that are energy-efficient and environmentally friendly. The group structures its activities around four operating segments: France, North-Western Europe, Germany and Central Europe, Oil and Gas and Nuclear. The majority of its revenue is derived from the Germany and Central Europe segment. It has a geographic presence in Europe, Africa, North, America, Asia-Pacific and Middle East.

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