SPIE (XPAR:SPIE) Debt-to-Equity : 1.29 (As of Dec. 2023)

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What is SPIE Debt-to-Equity?

SPIE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €558 Mil. SPIE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,952 Mil. SPIE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,952 Mil. SPIE's debt to equity for the quarter that ended in Dec. 2023 was 1.29.

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

XPAR:SPIE' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.03 Med: 1.44 Max: 6.75
Current: 1.29

During the past 11 years, the highest Debt-to-Equity Ratio of SPIE was 6.75. The lowest was 1.03. And the median was 1.44.

XPAR:SPIE's Debt-to-Equity is ranked worse than
82.82% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs XPAR:SPIE: 1.29

SPIE Debt-to-Equity Historical Data

The historical data trend for SPIE'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.

SPIE Debt-to-Equity Chart

SPIE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.70

1.64

1.50

1.39

1.29

SPIE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.50	1.39	1.39	1.19	1.29

Competitive Comparison of SPIE's Debt-to-Equity

For the Engineering & Construction subindustry, SPIE'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.

SPIE's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, SPIE's Debt-to-Equity distribution charts can be found below:

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

SPIE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SPIE'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
	=	(557.652	+	1952.161)	/	1952.241
	=	1.29

SPIE's Debt to Equity Ratio for the quarter 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
	=	(557.652	+	1952.161)	/	1952.241
	=	1.29

SPIE (XPAR:SPIE) 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.

SPIE Debt-to-Equity Related Terms

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

SPIE (XPAR:SPIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SPIE SA (XPAR:SPIE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0R8M:UK 4SP:Germany

Address

10, Avenue de l’Entreprise, Cergy-Pontoise, FRA, 95863

Website

https://www.spie.com

SPIE SA is a European provider of multi-technical services in electrical, mechanical, and HVAC engineering and communication systems as well as specialized energy-related services. The group structures its activities around four operating segments: France, North-Western Europe, Germany and Central Europe, Oil and Gas and Nuclear. The group also offers services and support to information and communication systems infrastructure, telecom services, and security and safety of buildings. The majority of its revenue is derived from the France segment.

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