Fervi SpA (MIL:FVI) Debt-to-Equity : 0.47 (As of Dec. 2023)

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What is Fervi SpA Debt-to-Equity?

Fervi SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €11.34 Mil. Fervi SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.51 Mil. Fervi SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €31.81 Mil. Fervi SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.47.

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

MIL:FVI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.48 Max: 4.15
Current: 0.47

During the past 9 years, the highest Debt-to-Equity Ratio of Fervi SpA was 4.15. The lowest was 0.21. And the median was 0.48.

MIL:FVI's Debt-to-Equity is ranked worse than
64.51% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs MIL:FVI: 0.47

Fervi SpA Debt-to-Equity Historical Data

The historical data trend for Fervi 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.

Fervi SpA Debt-to-Equity Chart

Fervi SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.21

0.48

1.07

0.76

0.47

Fervi SpA Semi-Annual Data
	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												1.07	0.96	0.76	0.38	0.47

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

For the Tools & Accessories subindustry, Fervi 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.

Fervi SpA's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fervi SpA's Debt-to-Equity distribution charts can be found below:

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

Fervi SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fervi 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
	=	(11.341	+	3.507)	/	31.808
	=	0.47

Fervi 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
	=	(11.341	+	3.507)	/	31.808
	=	0.47

Fervi SpA (MIL:FVI) 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.

Fervi SpA Debt-to-Equity Related Terms

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Fervi SpA (MIL:FVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fervi SpA (MIL:FVI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via del Commercio 81, Vignola, Modena, ITA, 41058

Website

http://www.fervi.com

Fervi SpA is engaged in researching, selecting, distributing and repairing hardware products and machine tools. The firm's product comprises of machine tools, accessories for machines, abrasives, consumables, measurement tools and general tools.