E-Globe SpA (MIL:EGB) Debt-to-Equity : 0.62 (As of Dec. 2022)

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What is E-Globe SpA Debt-to-Equity?

E-Globe SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €2.07 Mil. E-Globe SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €0.96 Mil. E-Globe SpA's Total Stockholders Equity for the quarter that ended in Dec. 2022 was €4.91 Mil. E-Globe SpA's debt to equity for the quarter that ended in Dec. 2022 was 0.62.

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

MIL:EGB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.55 Max: 0.62
Current: 0.62

During the past 2 years, the highest Debt-to-Equity Ratio of E-Globe SpA was 0.62. The lowest was 0.49. And the median was 0.55.

MIL:EGB's Debt-to-Equity is ranked worse than
60.28% of 1513 companies
in the Construction industry
Industry Median: 0.44 vs MIL:EGB: 0.62

E-Globe SpA Debt-to-Equity Historical Data

The historical data trend for E-Globe 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.

E-Globe SpA Debt-to-Equity Chart

E-Globe SpA Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

0.49

0.62

E-Globe SpA Semi-Annual Data
	Dec21	Dec22
Debt-to-Equity	0.49	0.62

Competitive Comparison of E-Globe SpA's Debt-to-Equity

For the Building Products & Equipment subindustry, E-Globe 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.

E-Globe SpA's Debt-to-Equity Distribution in the Construction Industry

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

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

E-Globe SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

E-Globe 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
	=	(2.074	+	0.958)	/	4.912
	=	0.62

E-Globe SpA's Debt to Equity Ratio for the quarter 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
	=	(2.074	+	0.958)	/	4.912
	=	0.62

E-Globe SpA (MIL:EGB) 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.

E-Globe SpA Debt-to-Equity Related Terms

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

E-Globe SpA (MIL:EGB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » E-Globe SpA (MIL:EGB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Loc. Lipuda industrial area, Cirò Marina, ITA, 88811

Website

https://www.e-globe.it

E-Globe SpA is an Italian Based Company which designs and distributes State of the art thermo-hydraulic and conditioning systems. The Company specializes in the sale of air conditioners, fan coils, electric pumps, solar panels, boilers and stoves. The company is associated with various brands such as ABB, aquatherm, ariston, Baxi, and carrier.

E-Globe SpA (MIL:EGB) Headlines

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