Ediliziacrobatica SpA (MIL:EDAC) Debt-to-Equity : 1.83 (As of Dec. 2023)

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What is Ediliziacrobatica SpA Debt-to-Equity?

Ediliziacrobatica SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €21.7 Mil. Ediliziacrobatica SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €32.8 Mil. Ediliziacrobatica SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €29.7 Mil. Ediliziacrobatica SpA's debt to equity for the quarter that ended in Dec. 2023 was 1.83.

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

MIL:EDAC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 1.08 Max: 3.96
Current: 1.83

During the past 8 years, the highest Debt-to-Equity Ratio of Ediliziacrobatica SpA was 3.96. The lowest was 0.64. And the median was 1.08.

MIL:EDAC's Debt-to-Equity is ranked worse than
85.26% of 916 companies
in the Business Services industry
Industry Median: 0.385 vs MIL:EDAC: 1.83

Ediliziacrobatica SpA Debt-to-Equity Historical Data

The historical data trend for Ediliziacrobatica 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.

Ediliziacrobatica SpA Debt-to-Equity Chart

Ediliziacrobatica SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.06

1.96

0.64

1.10

1.83

Ediliziacrobatica SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.64	0.87	1.10	0.73	1.83

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

For the Specialty Business Services subindustry, Ediliziacrobatica 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.

Ediliziacrobatica SpA's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ediliziacrobatica SpA's Debt-to-Equity distribution charts can be found below:

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

Ediliziacrobatica SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ediliziacrobatica 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
	=	(21.701	+	32.831)	/	29.749
	=	1.83

Ediliziacrobatica 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
	=	(21.701	+	32.831)	/	29.749
	=	1.83

Ediliziacrobatica SpA (MIL:EDAC) 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.

Ediliziacrobatica SpA Debt-to-Equity Related Terms

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

Ediliziacrobatica SpA (MIL:EDAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ediliziacrobatica SpA (MIL:EDAC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALEAC:France

Address

Via Turati 29, Milan, ITA, 20121

Website

https://ediliziacrobatica.com

Ediliziacrobatica SpA is the leading company in the construction sector for rope or rope work. It carries out operations without the use of scaffolding or aerial platforms using the innovative and cutting-edge technique of the double safety rope that allows the customer quality services with excellent standards and significant cost reduction. The company offers renovation, restoration, cleaning, installation and maintenance interventions services.

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