FinecoBank SpA (MIL:FBK) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is FinecoBank SpA Debt-to-Equity?

FinecoBank SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. FinecoBank SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €870.6 Mil. FinecoBank SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2,194.7 Mil. FinecoBank SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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

MIL:FBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.31 Max: 0.77
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of FinecoBank SpA was 0.77. The lowest was 0.04. And the median was 0.31.

MIL:FBK's Debt-to-Equity is ranked better than
67.29% of 1394 companies
in the Banks industry
Industry Median: 0.7 vs MIL:FBK: 0.40

FinecoBank SpA Debt-to-Equity Historical Data

The historical data trend for FinecoBank 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.

FinecoBank SpA Debt-to-Equity Chart

FinecoBank SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.04

0.33

0.29

0.40

FinecoBank SpA Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.29	0.45	0.39	0.40

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

For the Banks - Regional subindustry, FinecoBank 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.

FinecoBank SpA's Debt-to-Equity Distribution in the Banks Industry

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

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

FinecoBank SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FinecoBank 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	+	870.646)	/	2194.676
	=	0.40

FinecoBank 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	+	870.646)	/	2194.676
	=	0.40

FinecoBank SpA (MIL:FBK) 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.

FinecoBank SpA Debt-to-Equity Related Terms

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

FinecoBank SpA (MIL:FBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FinecoBank SpA (MIL:FBK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FCBBF:USA FBKm:UK 0QVF:UK ZS3:Germany FBK:Austria

Address

Piazza Durante, 11, Milan, ITA, 20131

Website

https://www.finecobank.com

FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.