Dexelance SpA (MIL:DEX) Debt-to-Equity : 0.77 (As of Dec. 2023)

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What is Dexelance SpA Debt-to-Equity?

Dexelance SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €26.1 Mil. Dexelance SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €92.0 Mil. Dexelance SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €154.4 Mil. Dexelance SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.76.

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

MIL:DEX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77 Med: 0.97 Max: 1.45
Current: 0.77

During the past 4 years, the highest Debt-to-Equity Ratio of Dexelance SpA was 1.45. The lowest was 0.77. And the median was 0.97.

MIL:DEX's Debt-to-Equity is ranked worse than
77.89% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.33 vs MIL:DEX: 0.77

Dexelance SpA Debt-to-Equity Historical Data

The historical data trend for Dexelance 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.

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Dexelance SpA Debt-to-Equity Chart

Dexelance SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.45

0.81

1.13

0.77

Dexelance SpA Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					1.13	1.87	0.82	0.82	0.77

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

For the Furnishings, Fixtures & Appliances subindustry, Dexelance 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.

Dexelance SpA's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dexelance SpA's Debt-to-Equity distribution charts can be found below:

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

Dexelance SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dexelance SpA'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
	=	(26.093	+	91.996)	/	154.378
	=	0.76

Dexelance SpA'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
	=	(26.093	+	91.996)	/	154.378
	=	0.76

Dexelance SpA (MIL:DEX) 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.

Dexelance SpA Debt-to-Equity Related Terms

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