Seri Industrial (LTS:0Q98) Debt-to-Equity : 1.00 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Seri Industrial Debt-to-Equity?

Seri Industrial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €66.7 Mil. Seri Industrial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €63.8 Mil. Seri Industrial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €130.5 Mil. Seri Industrial's debt to equity for the quarter that ended in Dec. 2023 was 1.00.

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 Seri Industrial's Debt-to-Equity or its related term are showing as below:

LTS:0Q98' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.92 Max: 1.12
Current: 1

During the past 13 years, the highest Debt-to-Equity Ratio of Seri Industrial was 1.12. The lowest was 0.10. And the median was 0.92.

LTS:0Q98's Debt-to-Equity is ranked worse than
55.64% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs LTS:0Q98: 1.00

Seri Industrial Debt-to-Equity Historical Data

The historical data trend for Seri Industrial'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.

Seri Industrial Debt-to-Equity Chart

Seri Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.67

0.93

0.99

0.90

1.00

Seri Industrial Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.99	1.05	0.90	0.99	1.00

Competitive Comparison of Seri Industrial's Debt-to-Equity

For the Utilities - Renewable subindustry, Seri Industrial'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.

Seri Industrial's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Seri Industrial's Debt-to-Equity distribution charts can be found below:

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

Seri Industrial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seri Industrial'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
	=	(66.72	+	63.777)	/	130.462
	=	1.00

Seri Industrial'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
	=	(66.72	+	63.777)	/	130.462
	=	1.00

Seri Industrial (LTS:0Q98) 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.

Seri Industrial Debt-to-Equity Related Terms

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

Seri Industrial (LTS:0Q98) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Seri Industrial (LTS:0Q98) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SERI:Italy PCHP:Germany

Address

via Provinciale per Gioia Sannitica, San Potito Sannitico, Caserta, ITA, 81016

Website

https://www.seri-industrial.it

Seri Industrial is a financial holding company. It researches, markets and designs the production of energy from renewable sources including wind and solar power. The company offers lead and lithium batteries for traction, stationary, and automotive applications. It also produces lids, boxes, and accessories for industrial, traction, and stationary batteries, as well as for the automotive sector.

Seri Industrial (LTS:0Q98) Headlines

No Headlines