Italy Innovazioni SpA (XPAR:MLITN) Debt-to-Equity : 0.19 (As of Jun. 2023)

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What is Italy Innovazioni SpA Debt-to-Equity?

Italy Innovazioni SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.01 Mil. Italy Innovazioni SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.80 Mil. Italy Innovazioni SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €4.17 Mil. Italy Innovazioni SpA's debt to equity for the quarter that ended in Jun. 2023 was 0.19.

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

XPAR:MLITN' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.31 Med: 0.19 Max: 0.22
Current: 0.19

During the past 8 years, the highest Debt-to-Equity Ratio of Italy Innovazioni SpA was 0.22. The lowest was -5.31. And the median was 0.19.

XPAR:MLITN's Debt-to-Equity is ranked better than
61.6% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs XPAR:MLITN: 0.19

Italy Innovazioni SpA Debt-to-Equity Historical Data

The historical data trend for Italy Innovazioni 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.

Italy Innovazioni SpA Debt-to-Equity Chart

Italy Innovazioni SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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N/A

0.01

0.21

Italy Innovazioni SpA Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial								-	-	0.22	0.21	0.19

Competitive Comparison of Italy Innovazioni SpA's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Italy Innovazioni 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.

Italy Innovazioni SpA's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Italy Innovazioni SpA's Debt-to-Equity distribution charts can be found below:

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

Italy Innovazioni SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Italy Innovazioni 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
	=	(0.005	+	0.892)	/	4.303
	=	0.21

Italy Innovazioni 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
	=	(0.005	+	0.804)	/	4.171
	=	0.19

Italy Innovazioni SpA (XPAR:MLITN) 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.

Italy Innovazioni SpA Debt-to-Equity Related Terms

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Italy Innovazioni SpA (XPAR:MLITN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Italy Innovazioni SpA (XPAR:MLITN) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Via Sistina, 121, Rome, ITA, 00187

Website

https://www.italyinnovazioni.com

Italy Innovazioni SpA is a manufacturer of eletcrical products. The company's products includes Hide, recessed electrical outlet, SlideBox, the adjustable electrical box, and SuperDual, the multistandard socket.

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