Mittel SpA (MIL:MIT) Debt-to-Asset : 0.11 (As of Dec. 2023)

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What is Mittel SpA Debt-to-Asset?

Mittel SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €13.9 Mil. Mittel SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €31.2 Mil. Mittel SpA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €407.6 Mil. Mittel SpA's debt to asset for the quarter that ended in Dec. 2023 was 0.11.

Mittel SpA Debt-to-Asset Historical Data

The historical data trend for Mittel SpA's Debt-to-Asset 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.

Mittel SpA Debt-to-Asset Chart

Mittel SpA Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.56

0.54

0.51

0.52

0.11

Mittel SpA Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.51	0.50	0.52	0.13	0.11

Competitive Comparison of Mittel SpA's Debt-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Mittel SpA's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Mittel SpA's Debt-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mittel SpA's Debt-to-Asset distribution charts can be found below:

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

Mittel SpA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Mittel SpA's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(13.925	+	31.225)	/	407.567
	=	0.11

Mittel SpA's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(13.925	+	31.225)	/	407.567
	=	0.11

Mittel SpA (MIL:MIT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Mittel SpA Debt-to-Asset Related Terms

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Mittel SpA (MIL:MIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mittel SpA (MIL:MIT) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Borromei, 5, Milan, ITA, 20123

Website

http://www.mittel.it

Mittel SpA is an investment-merchant bank company. It operates through Private Equity and Investments Sector, Advisory Services, and Real Estate Sector.

Mittel SpA (MIL:MIT) Headlines

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