OVS SpA (MIL:OVS) Debt-to-Equity : 1.46 (As of Jul. 2023)

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What is OVS SpA Debt-to-Equity?

OVS SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was €232 Mil. OVS SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was €1,079 Mil. OVS SpA's Total Stockholders Equity for the quarter that ended in Jul. 2023 was €898 Mil. OVS SpA's debt to equity for the quarter that ended in Jul. 2023 was 1.46.

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

MIL:OVS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 1.45 Max: 2.2
Current: 1.46

During the past 12 years, the highest Debt-to-Equity Ratio of OVS SpA was 2.20. The lowest was 0.45. And the median was 1.45.

MIL:OVS's Debt-to-Equity is ranked worse than
84.78% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs MIL:OVS: 1.46

OVS SpA Debt-to-Equity Historical Data

The historical data trend for OVS 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.

OVS SpA Debt-to-Equity Chart

OVS SpA Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Debt-to-Equity

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0.48

1.73

1.82

1.45

1.46

OVS SpA Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Debt-to-Equity	Get a 7-Day Free Trial															1.58	1.45	1.44	1.46	1.46

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

For the Apparel Manufacturing subindustry, OVS 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.

OVS SpA's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, OVS SpA's Debt-to-Equity distribution charts can be found below:

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

OVS SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OVS SpA's Debt to Equity Ratio for the fiscal year that ended in Jan. 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
	=	(186.783	+	1127.23)	/	902.752
	=	1.46

OVS SpA's Debt to Equity Ratio for the quarter that ended in Jul. 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
	=	(232.269	+	1079.171)	/	897.512
	=	1.46

OVS SpA (MIL:OVS) 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.

OVS SpA Debt-to-Equity Related Terms

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

OVS SpA (MIL:OVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » OVS SpA (MIL:OVS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OVSm:UK 0R5R:UK 0OV1:Germany

Address

Via Terraglio 17, Venice - Mestre, ITA, 30174

Website

http://www.ovscorporate.it

OVS SpA is an Italian fashion retailer. The company develops and markets menswear, womenswear and children's wear. Its operating segment includes OVS, UPIM and Sempione Fashion. OVS segment offers stylish and high-quality clothing at competitive prices focusing on the latest trends and fashion. Its UPIM segment offers women's, men's and children's clothing products, homeware and fragrance, The company generates maximum revenue from the OVS segment. Geographically, it has a presence in Italy, Bangladesh, China, Hong Kong, India, Pakistan, Turkey, Spain, Croatia, and Serbia.