Lemon Sistemi SpA (MIL:LS) Debt-to-Equity : 0.37 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Lemon Sistemi SpA Debt-to-Equity?

Lemon Sistemi SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.44 Mil. Lemon Sistemi SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.41 Mil. Lemon Sistemi SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €7.79 Mil. Lemon Sistemi SpA's debt to equity for the quarter that ended in Dec. 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 Lemon Sistemi SpA's Debt-to-Equity or its related term are showing as below:

MIL:LS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.27 Max: 0.37
Current: 0.37

During the past 3 years, the highest Debt-to-Equity Ratio of Lemon Sistemi SpA was 0.37. The lowest was 0.16. And the median was 0.27.

MIL:LS's Debt-to-Equity is ranked worse than
59.54% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs MIL:LS: 0.37

Lemon Sistemi SpA Debt-to-Equity Historical Data

The historical data trend for Lemon Sistemi 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.

Lemon Sistemi SpA Debt-to-Equity Chart

Lemon Sistemi SpA Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.27

0.16

0.37

Lemon Sistemi SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Debt-to-Equity	0.27	0.16	0.59	0.37

Competitive Comparison of Lemon Sistemi SpA's Debt-to-Equity

For the Solar subindustry, Lemon Sistemi 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.

Lemon Sistemi SpA's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

Lemon Sistemi SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lemon Sistemi 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
	=	(1.44	+	1.411)	/	7.791
	=	0.37

Lemon Sistemi 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
	=	(1.44	+	1.411)	/	7.791
	=	0.37

Lemon Sistemi SpA (MIL:LS) 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.

Lemon Sistemi SpA Debt-to-Equity Related Terms

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

Lemon Sistemi SpA (MIL:LS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lemon Sistemi SpA (MIL:LS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via IV Novembre, Balestrate, ITA, 6090041

Website

https://www.lemonsistemi.it

Lemon Sistemi SpA is an Italian company that specializes in solar energy systems. It focuses on designing, installing, and maintaining photovoltaic systems for homes and businesses. Its product portfolio includes Sunpower photovoltaic, Solar Thermal, Renewable heating systems, Storage systems, and Electric car charging stations.

Lemon Sistemi SpA (MIL:LS) Headlines

No Headlines