Seco SpA (MIL:IOT) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is Seco SpA Debt-to-Equity?

Seco SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1.9 Mil. Seco SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €8.4 Mil. Seco SpA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €292.0 Mil. Seco SpA's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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

MIL:IOT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.28 Max: 1.16
Current: 0.04

During the past 6 years, the highest Debt-to-Equity Ratio of Seco SpA was 1.16. The lowest was 0.02. And the median was 0.28.

MIL:IOT's Debt-to-Equity is ranked better than
82.72% of 874 companies
in the Semiconductors industry
Industry Median: 0.26 vs MIL:IOT: 0.04

Seco SpA Debt-to-Equity Historical Data

The historical data trend for Seco 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.

Seco SpA Debt-to-Equity Chart

Seco SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.73

0.95

1.16

0.78

0.48

Seco SpA Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial													0.03	0.08	0.07	0.48	0.04

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

For the Semiconductors subindustry, Seco 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.

Seco SpA's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

Seco SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seco SpA'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
	=	(24.368	+	115.531)	/	290.622
	=	0.48

Seco SpA'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
	=	(1.948	+	8.367)	/	291.976
	=	0.04

Seco SpA (MIL:IOT) 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.

Seco SpA Debt-to-Equity Related Terms

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Seco SpA (MIL:IOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Seco SpA (MIL:IOT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

7GV:Germany

Address

Via Achille Grandi No. 20, Arezzo, ITA

Website

https://www.seco.com

Seco SpA is engaged in providing solutions ranging from the single microcomputer to integrated systems and software platforms. It supplies a variety of industrial sectors including healthcare, industrial automation, logistics, and transportation. The company product portfolio includes Modules, Single Board Computer, HMI Solutions, and Fanless Embedded Computers.