Govena Lighting (WAR:GOV) Debt-to-Equity: 0.02 (As of Mar. 2024)

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WAR:GOV Govena Lighting SA WAR:GOV
36 GF Score
Price zł0.27
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What is Govena Lighting Debt-to-Equity?

Govena Lighting WAR:GOV 36 Debt-to-Equity is 0.02 as of Mar. 2024. GuruFocus rates WAR:GOV with a GF Score™ of 36/100.

Govena Lighting's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0.28 Mil. Govena Lighting's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0.00 Mil. Govena Lighting's Total Stockholders Equity for the quarter that ended in Mar. 2024 was zł12.57 Mil. Govena Lighting's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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

WAR:GOV's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.3
* Ranked among companies with meaningful Debt-to-Equity only.

Govena Lighting  (WAR:GOV) 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.

Govena Lighting Debt-to-Equity Related Terms

Govena Lighting Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Govena Lighting'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.

Govena Lighting Debt-to-Equity Chart

Govena Lighting Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.01

Govena Lighting Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.01 0.01 0.03 0.02

WAR:GOV vs HUBB, VRT, NVT: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Govena Lighting'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.

Govena Lighting Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Govena Lighting's Debt-to-Equity distribution charts can be found below:

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


WAR:GOV
36GF Score
Govena Lighting SA WAR:GOV
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Govena Lighting Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Govena Lighting'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
=(0.151 + 0) / 11.736
=0.01

Govena Lighting'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
=(0.277 + 0) / 12.571
=0.02

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.02 mean?
Govena Lighting (WAR:GOV) has a Debt-to-Equity of 0.02 as of Mar. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Govena Lighting and its competitors.
Is Govena Lighting's Debt-to-Equity too high?
Govena Lighting's current Debt-to-Equity is 0.02. The Industrial Products industry median Debt-to-Equity is 0.30. Govena Lighting's value of 0.02 is 93.3% below this industry median. Overall, Govena Lighting has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Govena Lighting's Debt-to-Equity compare to HUBB and VRT?
Govena Lighting's Debt-to-Equity of 0.02 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.30. Govena Lighting's value of 0.02 is 93.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.30, based on 2,686 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Govena Lighting's current Debt-to-Equity of 0.02 is 93.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Govena Lighting and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Govena Lighting's current Debt-to-Equity is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Govena Lighting stock overvalued right now?
Govena Lighting (WAR:GOV) has a current Debt-to-Equity of 0.02. The current Debt-to-Equity is 0.02 and 93.3% below the Industrial Products industry median of 0.30. Govena Lighting's overall GF Score™ is 36/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Govena Lighting (WAR:GOV), the current Debt-to-Equity is 0.02 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Govena Lighting Business Description

Address ul. Sluzewska 8-15, Torun, POL, 87-100
Govena Lighting SA is a manufacturer of electronics, a contractor of services and a supplier of finished and semi-finished products. It works with lighting-industry customers, manufacturers of electricity meters and cash registers, and with power-industry customers. The products offered by the company include Electronic Transformers, LED power supply, Dimmer, Switches and sockets and LED profiles.
36GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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