Vantea Smart SpA (MIL:VNT) Debt-to-Equity : 0.99 (As of Jun. 2023)

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What is Vantea Smart SpA Debt-to-Equity?

Vantea Smart SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.76 Mil. Vantea Smart SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €7.60 Mil. Vantea Smart SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €13.57 Mil. Vantea Smart SpA's debt to equity for the quarter that ended in Jun. 2023 was 0.98.

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

MIL:VNT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.99 Max: 1.02
Current: 0.64

During the past 4 years, the highest Debt-to-Equity Ratio of Vantea Smart SpA was 1.02. The lowest was 0.13. And the median was 0.99.

MIL:VNT's Debt-to-Equity is ranked worse than
76.44% of 2224 companies
in the Software industry
Industry Median: 0.21 vs MIL:VNT: 0.64

Vantea Smart SpA Debt-to-Equity Historical Data

The historical data trend for Vantea Smart 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.

Vantea Smart SpA Debt-to-Equity Chart

Vantea Smart SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.29

1.01

1.02

0.64

Vantea Smart SpA Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			1.01	1.00	1.02	0.99	0.64

Competitive Comparison of Vantea Smart SpA's Debt-to-Equity

For the Information Technology Services subindustry, Vantea Smart 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.

Vantea Smart SpA's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Vantea Smart SpA's Debt-to-Equity distribution charts can be found below:

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

Vantea Smart SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vantea Smart 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
	=	(3.71	+	10.6)	/	14.015
	=	1.02

Vantea Smart 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
	=	(5.759	+	7.6)	/	13.567
	=	0.98

Vantea Smart SpA (MIL:VNT) 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.

Vantea Smart SpA Debt-to-Equity Related Terms

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Vantea Smart SpA (MIL:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vantea Smart SpA (MIL:VNT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Tiburtina 1231, Rome, ITA, 00131

Website

https://www.vantea.com

Vantea Smart SpA is an Information Technology company that operates mainly in the Cybersecurity sector. It also offers consultancy in the field of System Integration and Software Development and Project development and Product development activities.