Sanlorenzo SpA (MIL:SL) Debt-to-Equity : 0.00 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Sanlorenzo SpA Debt-to-Equity?

Sanlorenzo SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.0 Mil. Sanlorenzo SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.0 Mil. Sanlorenzo SpA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €330.0 Mil. Sanlorenzo SpA's debt to equity for the quarter that ended in Sep. 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 Sanlorenzo SpA's Debt-to-Equity or its related term are showing as below:

MIL:SL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.46 Max: 0.81
Current: 0.26

During the past 5 years, the highest Debt-to-Equity Ratio of Sanlorenzo SpA was 0.81. The lowest was 0.28. And the median was 0.46.

MIL:SL's Debt-to-Equity is ranked better than
67.26% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs MIL:SL: 0.26

Sanlorenzo SpA Debt-to-Equity Historical Data

The historical data trend for Sanlorenzo 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.

Sanlorenzo SpA Debt-to-Equity Chart

Sanlorenzo SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.81

0.49

0.44

0.35

Sanlorenzo SpA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.35	-	0.28	-

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

For the Recreational Vehicles subindustry, Sanlorenzo 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.

Sanlorenzo SpA's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanlorenzo SpA's Debt-to-Equity distribution charts can be found below:

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

Sanlorenzo SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sanlorenzo 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
	=	(50.763	+	49.259)	/	289.978
	=	0.34

Sanlorenzo SpA's Debt to Equity Ratio for the quarter that ended in Sep. 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)	/	329.98
	=	0.00

Sanlorenzo SpA (MIL:SL) 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.

Sanlorenzo SpA Debt-to-Equity Related Terms

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

Sanlorenzo SpA (MIL:SL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sanlorenzo SpA (MIL:SL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6SZA:Germany

Address

Via Armezzone, 3, Cantieri Navali di Ameglia, Ameglia, ITA, 19031

Website

http://www.sanlorenzoyacht.com

Sanlorenzo SpA is engaged in developing, designing, and building motor yachts. The company operates in three segments: Yacht, Superyacht, and Blue game, of which the majority of its revenue comes from the Yacht segment that designs, manufactures, and markets composite yachts between 24 and 38 meters long, under the Sanlorenzo brand. Its manufacturing activities are carried out through shipyards located in Spezia, Ameglia, Viareggio, and Massa. The company's geographical segments are Italy, Europe (other countries), United States, the Americas (other countries), Asia Pacific, and the Middle East and Africa.

Sanlorenzo SpA (MIL:SL) Headlines

No Headlines