LU-VE SpA (MIL:LUVE) Debt-to-Equity : 1.70 (As of Sep. 2023)

View and export this data going back to 2015. Start your Free Trial

What is LU-VE SpA Debt-to-Equity?

LU-VE SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €112.9 Mil. LU-VE SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €254.3 Mil. LU-VE SpA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €216.6 Mil. LU-VE SpA's debt to equity for the quarter that ended in Sep. 2023 was 1.70.

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

MIL:LUVE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.87 Med: 1.65 Max: 2.38
Current: 1.64

During the past 10 years, the highest Debt-to-Equity Ratio of LU-VE SpA was 2.38. The lowest was 0.87. And the median was 1.65.

MIL:LUVE's Debt-to-Equity is ranked worse than
88.06% of 1508 companies
in the Construction industry
Industry Median: 0.44 vs MIL:LUVE: 1.64

LU-VE SpA Debt-to-Equity Historical Data

The historical data trend for LU-VE 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.

LU-VE SpA Debt-to-Equity Chart

LU-VE SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.49

2.22

2.21

2.12

LU-VE SpA Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.12	2.04	1.91	1.70	-

Competitive Comparison of LU-VE SpA's Debt-to-Equity

For the Building Products & Equipment subindustry, LU-VE 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.

LU-VE SpA's Debt-to-Equity Distribution in the Construction Industry

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

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

LU-VE SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LU-VE 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
	=	(108.377	+	330.131)	/	206.748
	=	2.12

LU-VE SpA's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(112.942	+	254.345)	/	216.598
	=	1.70

LU-VE SpA (MIL:LUVE) 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.

LU-VE SpA Debt-to-Equity Related Terms

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

LU-VE SpA (MIL:LUVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LU-VE SpA (MIL:LUVE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

V92:Germany

Address

Via Caduti della Liberazione, 53, Uboldo, Varese, ITA, 21040

Website

https://www.luvegroup.com

LU-VE SpA manufactures and markets refrigeration and air conditioning products in Italy. Its products include commercial unit coolers, industrial unit coolers, air coolers, tubeless steel condensers, dry coolers, accessories, and special products. The company offers its products for industrial and commercial refrigeration, air conditioning, energy, power, industrial, and other applications. The company's segment includes Cooling Systems SBU and Components SBU. It generates maximum revenue from the Components SBU segment.

LU-VE SpA (MIL:LUVE) Headlines

No Headlines