Circle SpA (MIL:CIRC) Debt-to-Equity : 0.09 (As of Jun. 2023)

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What is Circle SpA Debt-to-Equity?

Circle SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.32 Mil. Circle SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.32 Mil. Circle SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €7.32 Mil. Circle SpA's debt to equity for the quarter that ended in Jun. 2023 was 0.09.

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

MIL:CIRC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.1 Max: 0.38
Current: 0.06

During the past 9 years, the highest Debt-to-Equity Ratio of Circle SpA was 0.38. The lowest was 0.00. And the median was 0.10.

MIL:CIRC's Debt-to-Equity is ranked better than
74.88% of 2213 companies
in the Software industry
Industry Median: 0.21 vs MIL:CIRC: 0.06

Circle SpA Debt-to-Equity Historical Data

The historical data trend for Circle 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.

* Premium members only.

Circle SpA Debt-to-Equity Chart

Circle SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.07

0.15

0.08

Circle SpA Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.15	0.09	0.08	0.09	-

Competitive Comparison of Circle SpA's Debt-to-Equity

For the Information Technology Services subindustry, Circle 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.

Circle SpA's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Circle SpA's Debt-to-Equity distribution charts can be found below:

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

Circle SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Circle SpA'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
	=	(0.107	+	0.41)	/	6.827
	=	0.08

Circle SpA'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
	=	(0.319	+	0.323)	/	7.317
	=	0.09

Circle SpA (MIL:CIRC) 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.

Circle SpA Debt-to-Equity Related Terms

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

Circle SpA (MIL:CIRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Circle SpA (MIL:CIRC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Bombrini 13/3, Genova, ITA, 16149

Website

https://www.circletouch.eu

Circle SpA is a consultancy company providing process and management consulting services, technological solutions and digital marketing solutions for transport and logistics sector. The company is specialized in the development of automation processes for ports, dry ports, logistics platforms and intermodal operators through Milos-an innovative modular software for the optimization of transport of containers, trailers, vehicles and each type of goods along the supply chain.

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