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Defence Tech Holding SpA (MIL:DTH) Debt-to-Equity : 0.37 (As of Jun. 2023)


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What is Defence Tech Holding SpA Debt-to-Equity?

Defence Tech Holding SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €8.81 Mil. Defence Tech Holding SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.84 Mil. Defence Tech Holding SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €39.16 Mil. Defence Tech Holding SpA's debt to equity for the quarter that ended in Jun. 2023 was 0.37.

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

MIL:DTH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34   Med: 0.45   Max: 3.53
Current: 0.37

During the past 4 years, the highest Debt-to-Equity Ratio of Defence Tech Holding SpA was 3.53. The lowest was 0.34. And the median was 0.45.

MIL:DTH's Debt-to-Equity is ranked better than
53.31% of 257 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs MIL:DTH: 0.37

Defence Tech Holding SpA Debt-to-Equity Historical Data

The historical data trend for Defence Tech Holding 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.

Defence Tech Holding SpA Debt-to-Equity Chart

Defence Tech Holding SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
3.53 2.50 0.34 0.45

Defence Tech Holding SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-Equity Get a 7-Day Free Trial 1.70 0.34 0.37 0.45 0.37

Competitive Comparison of Defence Tech Holding SpA's Debt-to-Equity

For the Aerospace & Defense subindustry, Defence Tech Holding 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.

Defence Tech Holding SpA's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Defence Tech Holding SpA's Debt-to-Equity distribution charts can be found below:

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


Defence Tech Holding SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Defence Tech Holding 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
=(9.897 + 6.974) / 37.606
=0.45

Defence Tech Holding SpA's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(8.808 + 5.837) / 39.155
=0.37

* 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.

Defence Tech Holding SpA  (MIL:DTH) 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.

Defence Tech Holding SpA Debt-to-Equity Related Terms

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Defence Tech Holding SpA (MIL:DTH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Defence Tech Holding SpA (MIL:DTH) » Definitions » Debt-to-Equity
Comparable Companies
MIL:OS MIL:AVIO MIL:PAG RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760 SHSE:600150 XPAR:AM
Traded in Other Exchanges
65F:Germany
Address
Via Giacomo Peroni, 452, Rome, ITA, 00131
Website
https://www.defencetech.it
Defence Tech Holding SpA operates in the cyber security, big data, intelligence, space and national defense sectors through the design, construction and certification of information management systems.