Italian Sea Group (MIL:TISG) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Italian Sea Group Debt-to-Equity?

Italian Sea Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. Italian Sea Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. Italian Sea Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €131.3 Mil. Italian Sea Group's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Italian Sea Group's Debt-to-Equity or its related term are showing as below:

MIL:TISG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.54 Max: 0.84
Current: 0.62

During the past 6 years, the highest Debt-to-Equity Ratio of Italian Sea Group was 0.84. The lowest was 0.46. And the median was 0.54.

MIL:TISG's Debt-to-Equity is ranked worse than
58.27% of 695 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs MIL:TISG: 0.62

Italian Sea Group Debt-to-Equity Historical Data

The historical data trend for Italian Sea Group'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.

Italian Sea Group Debt-to-Equity Chart

Italian Sea Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.54

0.46

0.84

Italian Sea Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.46	1.06	0.84	0.75	-

Competitive Comparison of Italian Sea Group's Debt-to-Equity

For the Leisure subindustry, Italian Sea Group'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.

Italian Sea Group's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Italian Sea Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Italian Sea Group's Debt-to-Equity falls into.

Italian Sea Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Italian Sea Group'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
	=	(0	+	0)	/	131.302
	=	0.00

Italian Sea Group'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
	=	(0	+	0)	/	131.302
	=	0.00

Italian Sea Group (MIL:TISG) 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.

Italian Sea Group Debt-to-Equity Related Terms

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

Italian Sea Group (MIL:TISG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Italian Sea Group (MIL:TISG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6QN:Germany

Address

Viale Cristoforo Colombo, 4Bis, Marina di Carrara, ITA, 54033

Website

https://www.theitalianseagroup.com

Italian Sea Group is engaged in designing, manufacturing, and sales of custom-made luxury superyachts. The yachts offered by the company include Quinta Essentia, Entourage, Planet Nine, and Tremenda among others.

Italian Sea Group (MIL:TISG) Headlines

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