Mexedia SPA (XPAR:ALMEX) Debt-to-Equity : 0.63 (As of Dec. 2023)

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What is Mexedia SPA Debt-to-Equity?

Mexedia SPA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €41.8 Mil. Mexedia SPA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. Mexedia SPA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €66.8 Mil. Mexedia SPA's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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 Mexedia SPA's Debt-to-Equity or its related term are showing as below:

XPAR:ALMEX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.46 Max: 1.26
Current: 0.63

During the past 5 years, the highest Debt-to-Equity Ratio of Mexedia SPA was 1.26. The lowest was 0.02. And the median was 0.46.

XPAR:ALMEX's Debt-to-Equity is ranked worse than
79.29% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs XPAR:ALMEX: 0.63

Mexedia SPA Debt-to-Equity Historical Data

The historical data trend for Mexedia 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.

Mexedia SPA Debt-to-Equity Chart

Mexedia SPA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.02

1.26

0.41

0.46

0.63

Mexedia SPA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.41	0.43	0.46	0.86	0.63

Competitive Comparison of Mexedia SPA's Debt-to-Equity

For the Asset Management subindustry, Mexedia 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.

Mexedia SPA's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mexedia SPA's Debt-to-Equity distribution charts can be found below:

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

Mexedia SPA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mexedia 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
	=	(41.822	+	0)	/	66.84
	=	0.63

Mexedia 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
	=	(41.822	+	0)	/	66.84
	=	0.63

Mexedia SPA (XPAR:ALMEX) 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.

Mexedia SPA Debt-to-Equity Related Terms

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

Mexedia SPA (XPAR:ALMEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mexedia SPA (XPAR:ALMEX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via di Affogalasino 105, Roma, ITA, 00148

Website

https://www.mexedia.com

Mexedia SPA is an tech company offering innovative technologies to manage all communication activities between brand and customer. It works to establish an authentic, continuous relationship and omnichannel, between brands and people. It automates processes and puts technologies at the service of Sales, Marketing, and Customer Care. The Company's revenues mainly include income from the management, control and supervision services of subsidiaries.

Mexedia SPA (XPAR:ALMEX) Headlines

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