Zest SpA (MIL:ZEST) Debt-to-Equity : 0.19 (As of Dec. 2023)

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

What is Zest SpA Debt-to-Equity?

Zest SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.52 Mil. Zest SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.93 Mil. Zest SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €23.57 Mil. Zest SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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

MIL:ZEST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.19 Max: 0.22
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Zest SpA was 0.22. The lowest was 0.06. And the median was 0.19.

MIL:ZEST's Debt-to-Equity is ranked better than
51.14% of 1011 companies
in the Asset Management industry
Industry Median: 0.19 vs MIL:ZEST: 0.19

Zest SpA Debt-to-Equity Historical Data

The historical data trend for Zest 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.

Zest SpA Debt-to-Equity Chart

Zest SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.22

0.19

Zest SpA Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.22	0.21	0.22	0.22	0.19

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

For the Asset Management subindustry, Zest 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.

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

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

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

Zest SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zest 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
	=	(1.522	+	2.925)	/	23.569
	=	0.19

Zest 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
	=	(1.522	+	2.925)	/	23.569
	=	0.19

Zest SpA (MIL:ZEST) 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.

Zest SpA Debt-to-Equity Related Terms

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

Zest SpA (MIL:ZEST) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Marsala 29h, Rome, ITA, 00185

Website

http://www.lventuregroup.com

LVenture Group SpA is a holding company. It operates in the Private Equity and Venture Capital and provides financial support for the development of StartUp, bringing also a network of strong relationships and high sectoral expertise. The company activities are divided into two areas namely venture capital and other activities.

Zest SpA (MIL:ZEST) Headlines

No Headlines