Reti SpA (MIL:RETI) Debt-to-Equity : 0.71 (As of Dec. 2023)

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What is Reti SpA Debt-to-Equity?

Reti SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5.19 Mil. Reti SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.00 Mil. Reti SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €8.72 Mil. Reti SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.71.

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

MIL:RETI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71 Med: 1.69 Max: 3.53
Current: 0.71

During the past 6 years, the highest Debt-to-Equity Ratio of Reti SpA was 3.53. The lowest was 0.71. And the median was 1.69.

MIL:RETI's Debt-to-Equity is ranked worse than
79.02% of 2216 companies
in the Software industry
Industry Median: 0.21 vs MIL:RETI: 0.71

Reti SpA Debt-to-Equity Historical Data

The historical data trend for Reti 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.

Reti SpA Debt-to-Equity Chart

Reti SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

3.41

1.99

1.40

1.05

0.71

Reti SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					1.40	1.25	1.05	0.78	0.71

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

For the Information Technology Services subindustry, Reti 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.

Reti SpA's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Reti SpA's Debt-to-Equity distribution charts can be found below:

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

Reti SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Reti 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
	=	(5.185	+	1.001)	/	8.724
	=	0.71

Reti 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
	=	(5.185	+	1.001)	/	8.724
	=	0.71

Reti SpA (MIL:RETI) 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.

Reti SpA Debt-to-Equity Related Terms

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

Reti SpA (MIL:RETI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Reti SpA (MIL:RETI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Dante, 6, Busto Arsizio, ITA, 21052

Website

https://www.reti.it

Reti SpA is engaged in provision of IT consulting, offering its customers (medium and large companies) support services to digital transformation, with a specific focus on system integration services. The company operates through three business lines: IT Solutions, Business Consulting, and Managed Service Provider.

Reti SpA (MIL:RETI) Headlines

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