Ermenegildo Zegna NV (Ermenegildo Zegna NV) Debt-to-Equity : 1.19 (As of Dec. 2023)

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What is Ermenegildo Zegna NV Debt-to-Equity?

Ermenegildo Zegna NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $449 Mil. Ermenegildo Zegna NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $637 Mil. Ermenegildo Zegna NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $916 Mil. Ermenegildo Zegna NV's debt to equity for the quarter that ended in Dec. 2023 was 1.19.

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 Ermenegildo Zegna NV's Debt-to-Equity or its related term are showing as below:

ZGN' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.19 Med: 1.71 Max: 1.9
Current: 1.19

During the past 6 years, the highest Debt-to-Equity Ratio of Ermenegildo Zegna NV was 1.90. The lowest was 1.19. And the median was 1.71.

ZGN's Debt-to-Equity is ranked worse than
79.64% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs ZGN: 1.19

Ermenegildo Zegna NV Debt-to-Equity Historical Data

The historical data trend for Ermenegildo Zegna NV'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.

Ermenegildo Zegna NV Debt-to-Equity Chart

Ermenegildo Zegna NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.65

1.79

1.78

1.35

1.19

Ermenegildo Zegna NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					1.78	1.58	1.35	1.29	1.19

Competitive Comparison of Ermenegildo Zegna NV's Debt-to-Equity

For the Apparel Manufacturing subindustry, Ermenegildo Zegna NV'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.

Ermenegildo Zegna NV's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ermenegildo Zegna NV's Debt-to-Equity falls into.

Ermenegildo Zegna NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ermenegildo Zegna NV'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
	=	(449.268	+	637.261)	/	916.351
	=	1.19

Ermenegildo Zegna NV'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
	=	(449.268	+	637.261)	/	916.351
	=	1.19

Ermenegildo Zegna NV (NYSE:ZGN) 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.

Ermenegildo Zegna NV Debt-to-Equity Related Terms

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Ermenegildo Zegna NV (Ermenegildo Zegna NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ermenegildo Zegna NV (NYSE:ZGN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JN0:Germany

Address

99/100 Viale Roma, Valdilana location, Trivero, ITA, 13835

Website

https://www.zegnagroup.com

Ermenegildo Zegna NV designs, creates and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear and accessories under the Thom Browne brand. It operates in two segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile and Third Party Brands) and the Thom Browne segment.