Illa SpA (MIL:ILLA) Debt-to-Equity : 2.48 (As of Jun. 2023)

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What is Illa SpA Debt-to-Equity?

Illa SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.74 Mil. Illa SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €3.80 Mil. Illa SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €3.85 Mil. Illa SpA's debt to equity for the quarter that ended in Jun. 2023 was 2.47.

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

MIL:ILLA' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.87 Med: 3.04 Max: 9.21
Current: 2.48

During the past 9 years, the highest Debt-to-Equity Ratio of Illa SpA was 9.21. The lowest was 1.87. And the median was 3.04.

MIL:ILLA's Debt-to-Equity is ranked worse than
97.38% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.33 vs MIL:ILLA: 2.48

Illa SpA Debt-to-Equity Historical Data

The historical data trend for Illa 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.

Illa SpA Debt-to-Equity Chart

Illa SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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2.07

4.16

2.09

4.12

3.33

Illa SpA Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial										2.09	2.81	4.12	2.82	2.48

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

For the Furnishings, Fixtures & Appliances subindustry, Illa 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.

Illa SpA's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Illa SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Illa 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
	=	(5.715	+	4.345)	/	3.025
	=	3.33

Illa 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
	=	(5.736	+	3.801)	/	3.854
	=	2.47

Illa SpA (MIL:ILLA) 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.

Illa SpA Debt-to-Equity Related Terms

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

Illa SpA (MIL:ILLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Illa SpA (MIL:ILLA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9WT:Germany

Address

Via Ghisolfi Guareschi, 11, Ca' Pastori-Gandiolo, Parma, ITA, 43015

Website

http://www.illa.it

Illa SpA is engaged in the manufacture and distribution of aluminum cookware products. The company is involved in the development, production, and marketing of kitchen utensils aluminum with non-stick coating specifically for pots, pans, casseroles, and pans. It produces its own brand for individual shops and franchises and small retail chains. The company markets its product in Italy.

Illa SpA (MIL:ILLA) Headlines

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