Servizi Italia SpA (MIL:SRI) Debt-to-Equity : 0.99 (As of Sep. 2023)

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What is Servizi Italia SpA Debt-to-Equity?

Servizi Italia SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €71.7 Mil. Servizi Italia SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €63.5 Mil. Servizi Italia SpA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €137.0 Mil. Servizi Italia SpA's debt to equity for the quarter that ended in Sep. 2023 was 0.99.

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

MIL:SRI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 0.84 Max: 1.21
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Servizi Italia SpA was 1.21. The lowest was 0.65. And the median was 0.84.

MIL:SRI's Debt-to-Equity is ranked worse than
73.54% of 926 companies
in the Business Services industry
Industry Median: 0.37 vs MIL:SRI: 0.96

Servizi Italia SpA Debt-to-Equity Historical Data

The historical data trend for Servizi Italia 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.

Servizi Italia SpA Debt-to-Equity Chart

Servizi Italia SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.06

1.21

1.13

1.11

0.96

Servizi Italia SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.11	1.11	1.08	0.99	0.96

Competitive Comparison of Servizi Italia SpA's Debt-to-Equity

For the Specialty Business Services subindustry, Servizi Italia 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.

Servizi Italia SpA's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Servizi Italia SpA's Debt-to-Equity distribution charts can be found below:

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

Servizi Italia SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Servizi Italia 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
	=	(63.202	+	66.385)	/	135.566
	=	0.96

Servizi Italia SpA's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(71.737	+	63.531)	/	136.967
	=	0.99

Servizi Italia SpA (MIL:SRI) 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.

Servizi Italia SpA Debt-to-Equity Related Terms

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Servizi Italia SpA (MIL:SRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Servizi Italia SpA (MIL:SRI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SRIm:UK

Address

Via San Pietro 59/B, Castellina di Soragna, ITA, 43019

Website

https://www.servizitaliagroup.com

Servizi Italia SpA is an Italy-based company. Together with its subsidiaries, the firm operates in three segments including Wash hire, Linen sterilisation, and Sterilisation of surgical instruments. Wash hire segment includes planning and provision of integrated hire, reconditioning and logistics services for textile items, mattresses, and accessories. Linen sterilisation includes the planning and rental of sterile medical devices. Sterilisation of surgical instruments includes planning and provision of washing, packaging and sterilisation services for surgical instruments and accessories. The majority of the revenues are generated from the Wash Hire segment. The group operates in Turkey, Brazil, and Italy, out of which the majority of the revenue comes from Italy.