Compagnia Dei Caraibi SpA (MIL:1 TIME) Debt-to-Equity : 0.86 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Compagnia Dei Caraibi SpA Debt-to-Equity?

Compagnia Dei Caraibi SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €3.07 Mil. Compagnia Dei Caraibi SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €11.56 Mil. Compagnia Dei Caraibi SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €17.00 Mil. Compagnia Dei Caraibi SpA's debt to equity for the quarter that ended in Jun. 2023 was 0.86.

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

MIL:1 TIME' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.51 Max: 1.4
Current: 0.86

During the past 4 years, the highest Debt-to-Equity Ratio of Compagnia Dei Caraibi SpA was 1.40. The lowest was 0.34. And the median was 0.51.

MIL:1 TIME's Debt-to-Equity is ranked worse than
73.63% of 182 companies
in the Beverages - Alcoholic industry
Industry Median: 0.385 vs MIL:1 TIME: 0.86

Compagnia Dei Caraibi SpA Debt-to-Equity Historical Data

The historical data trend for Compagnia Dei Caraibi 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.

Compagnia Dei Caraibi SpA Debt-to-Equity Chart

Compagnia Dei Caraibi SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

1.40

0.39

0.51

Compagnia Dei Caraibi SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.39	0.34	0.51	0.86

Competitive Comparison of Compagnia Dei Caraibi SpA's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Compagnia Dei Caraibi 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.

Compagnia Dei Caraibi SpA's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Compagnia Dei Caraibi SpA's Debt-to-Equity distribution charts can be found below:

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

Compagnia Dei Caraibi SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Compagnia Dei Caraibi SpA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2.551	+	6.719)	/	18.348
	=	0.51

Compagnia Dei Caraibi SpA's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(3.072	+	11.56)	/	16.995
	=	0.86

Compagnia Dei Caraibi SpA (MIL:1 TIME) 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.

Compagnia Dei Caraibi SpA Debt-to-Equity Related Terms

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

Compagnia Dei Caraibi SpA (MIL:1 TIME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Compagnia Dei Caraibi SpA (MIL:1 TIME) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Ribes, 3, Colleretto Giacosa, ITA, 10100

Website

https://www.compagniadeicaraibi.com

Compagnia Dei Caraibi SpA is engaged in the import, development, brand building and distribution of premium spirits, wines and soft drinks premium and ultra premium from all over the world.

Compagnia Dei Caraibi SpA (MIL:1 TIME) Headlines

No Headlines