SMG European Recovery SPAC SE (XTER:RCVR) Debt-to-Equity : -0.00 (As of Jun. 2024)

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What is SMG European Recovery SPAC SE Debt-to-Equity?

SMG European Recovery SPAC SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.01 Mil. SMG European Recovery SPAC SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.00 Mil. SMG European Recovery SPAC SE's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €-10.94 Mil. SMG European Recovery SPAC SE's debt to equity for the quarter that ended in Jun. 2024 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 SMG European Recovery SPAC SE's Debt-to-Equity or its related term are showing as below:

XTER:RCVR's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

SMG European Recovery SPAC SE Debt-to-Equity Historical Data

The historical data trend for SMG European Recovery SPAC SE'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.

SMG European Recovery SPAC SE Debt-to-Equity Chart

SMG European Recovery SPAC SE Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

-1.47

SMG European Recovery SPAC SE Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of SMG European Recovery SPAC SE's Debt-to-Equity

For the Shell Companies subindustry, SMG European Recovery SPAC SE'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.

SMG European Recovery SPAC SE's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SMG European Recovery SPAC SE's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SMG European Recovery SPAC SE's Debt-to-Equity falls into.

SMG European Recovery SPAC SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SMG European Recovery SPAC SE'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
	=	(0.007	+	0)	/	-16.302
	=	-0.00

SMG European Recovery SPAC SE's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.009	+	0)	/	-10.941
	=	-0.00

SMG European Recovery SPAC SE (XTER:RCVR) 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.

SMG European Recovery SPAC SE Debt-to-Equity Related Terms

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

SMG European Recovery SPAC SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SMG European Recovery SPAC SE (XTER:RCVR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9, rue de Bitbourg, Luxembourg, LUX, L-1273

Website

https://www.smg-spac.com

SMG European Recovery SPAC SE is a special-purpose acquisition company that intends to seek a suitable target for the Business Combination in the real estate-related hospitality sector with a focus on the sub-sector lodging and leisure.

Executives

Smg Spac Investment S.à R.l.

PCA, person closely associated with Stefan Petrikovics, member of the management board (Vorstandsmitglied)

SMG European Recovery SPAC SE Headlines

No Headlines