Health Italia SpA (MIL:HI) Debt-to-Equity : 0.29 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Health Italia SpA Debt-to-Equity?

Health Italia SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.28 Mil. Health Italia SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €8.10 Mil. Health Italia SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €35.75 Mil. Health Italia SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

MIL:HI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.53 Max: 0.71
Current: 0.29

During the past 9 years, the highest Debt-to-Equity Ratio of Health Italia SpA was 0.71. The lowest was 0.04. And the median was 0.53.

MIL:HI's Debt-to-Equity is ranked better than
61.11% of 18 companies
in the Healthcare Plans industry
Industry Median: 0.465 vs MIL:HI: 0.29

Health Italia SpA Debt-to-Equity Historical Data

The historical data trend for Health Italia 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.

Health Italia SpA Debt-to-Equity Chart

Health Italia SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.71

0.69

0.63

0.53

0.29

Health Italia SpA Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.63	0.56	0.53	0.30	0.29

Competitive Comparison of Health Italia SpA's Debt-to-Equity

For the Healthcare Plans subindustry, Health Italia 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.

Health Italia SpA's Debt-to-Equity Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Health Italia SpA's Debt-to-Equity distribution charts can be found below:

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

Health Italia SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Health Italia 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
	=	(2.283	+	8.099)	/	35.75
	=	0.29

Health Italia 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
	=	(2.283	+	8.099)	/	35.75
	=	0.29

Health Italia SpA (MIL:HI) 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.

Health Italia SpA Debt-to-Equity Related Terms

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

Health Italia SpA (MIL:HI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Health Italia SpA (MIL:HI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6I5:Germany

Address

Via di Santa Cornelia, 9, Formello, ITA, 00060

Website

http://www.healthitalia.it

Health Italia SpA is an Italy based company engaged in offering integrated healthcare services. It operates in the promotion of integrated and alternative healthcare solutions and provides administrative, liquidation, information technology and consulting services for health funds, health care funds and mutual-aid companies. In addition, the group is also active in the corporate welfare market and manages outsourced flexible benefit welfare plans.