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Banca Ifis (MIL:IF) Debt-to-Equity : 2.24 (As of Dec. 2023)


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What is Banca Ifis Debt-to-Equity?

Banca Ifis's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. Banca Ifis's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,755.8 Mil. Banca Ifis's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,679.5 Mil. Banca Ifis's debt to equity for the quarter that ended in Dec. 2023 was 2.24.

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 Banca Ifis's Debt-to-Equity or its related term are showing as below:

MIL:IF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 1.4   Max: 2.24
Current: 2.24

During the past 13 years, the highest Debt-to-Equity Ratio of Banca Ifis was 2.24. The lowest was 0.01. And the median was 1.40.

MIL:IF's Debt-to-Equity is ranked worse than
86.86% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs MIL:IF: 2.24

Banca Ifis Debt-to-Equity Historical Data

The historical data trend for Banca Ifis'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.

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Banca Ifis Debt-to-Equity Chart

Banca Ifis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.44 1.64 1.73 2.24

Banca Ifis 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 1.80 1.58 1.91 2.24

Competitive Comparison of Banca Ifis's Debt-to-Equity

For the Banks - Regional subindustry, Banca Ifis'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.


Banca Ifis's Debt-to-Equity Distribution in the Banks Industry

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

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



Banca Ifis Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Banca Ifis's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Banca Ifis's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Banca Ifis  (MIL:IF) 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.


Banca Ifis Debt-to-Equity Related Terms

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


Banca Ifis (MIL:IF) Business Description

Traded in Other Exchanges
Address
Via Terraglio, 63, Mestre, Venice, ITA, 30174
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The group's earning assets are split nearly evenly between loans to customers and debt and equity securities available for sale. The group's net revenue is net interest income.