Mit Sim SpA (MIL:MTS) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Mit Sim SpA Debt-to-Equity?

Mit Sim SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Mit Sim SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Mit Sim SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2.75 Mil. Mit Sim SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

MIL:MTS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.12 Max: 0.15
Current: 0.14

During the past 5 years, the highest Debt-to-Equity Ratio of Mit Sim SpA was 0.15. The lowest was 0.05. And the median was 0.12.

MIL:MTS's Debt-to-Equity is ranked better than
60.06% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs MIL:MTS: 0.14

Mit Sim SpA Debt-to-Equity Historical Data

The historical data trend for Mit Sim 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.

Mit Sim SpA Debt-to-Equity Chart

Mit Sim SpA Annual Data

Trend

Mar19

Mar20

Dec21

Dec22

Dec23

Debt-to-Equity

0.15

0.05

0.12

Mit Sim SpA Semi-Annual Data
	Mar19	Mar20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.05	0.16	0.12	0.13	-

Competitive Comparison of Mit Sim SpA's Debt-to-Equity

For the Asset Management subindustry, Mit Sim 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.

Mit Sim SpA's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mit Sim SpA's Debt-to-Equity distribution charts can be found below:

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

Mit Sim SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mit Sim 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
	=	(0	+	0)	/	2.749
	=	0.00

Mit Sim 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
	=	(0	+	0)	/	2.749
	=	0.00

Mit Sim SpA (MIL:MTS) 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.

Mit Sim SpA Debt-to-Equity Related Terms

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

Mit Sim SpA (MIL:MTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mit Sim SpA (MIL:MTS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corso Venezia 16, Serbelloni Palace, Milan, ITA, 20121

Website

https://www.mitsim.it

Mit Sim SpA is involved in Specialist activities, Order Reception and Transmission Activities, Placement Activities, and Euronext Growth Advisor Activities.

Mit Sim SpA (MIL:MTS) Headlines

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