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AA Tech SpA (MIL:AAT) Debt-to-Equity : 0.78 (As of Dec. 2023)


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What is AA Tech SpA Debt-to-Equity?

AA Tech SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.82 Mil. AA Tech SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.76 Mil. AA Tech SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €4.57 Mil. AA Tech SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.78.

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

MIL:AAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42   Med: 0.78   Max: 0.91
Current: 0.78

During the past 3 years, the highest Debt-to-Equity Ratio of AA Tech SpA was 0.91. The lowest was 0.42. And the median was 0.78.

MIL:AAT's Debt-to-Equity is ranked worse than
81.34% of 2213 companies
in the Software industry
Industry Median: 0.21 vs MIL:AAT: 0.78

AA Tech SpA Debt-to-Equity Historical Data

The historical data trend for AA Tech 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.

AA Tech SpA Debt-to-Equity Chart

AA Tech SpA Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
0.42 0.91 0.78

AA Tech SpA Semi-Annual Data
Dec21 Dec22 Dec23
Debt-to-Equity 0.42 0.91 0.78

Competitive Comparison of AA Tech SpA's Debt-to-Equity

For the Software - Infrastructure subindustry, AA Tech 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.

AA Tech SpA's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, AA Tech SpA's Debt-to-Equity distribution charts can be found below:

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


AA Tech SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AA Tech 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
=(0.82 + 2.761) / 4.566
=0.78

AA Tech 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
=(0.82 + 2.761) / 4.566
=0.78

* 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.

AA Tech SpA  (MIL:AAT) 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.

AA Tech SpA Debt-to-Equity Related Terms

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

AA Tech SpA (MIL:AAT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AA Tech SpA (MIL:AAT) » Definitions » Debt-to-Equity
Comparable Companies
MIL:DATA MIL:DOX MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ SPLK MDB ZS XAMS:ADYEN VRSN NET XKAZ:KSPI FLT
Traded in Other Exchanges
N/A
Address
Via Giovanni Lanza 57, Fondi, ITA, 04022
Website
https://www.aatech.it
AA Tech SpA is an innovative venture tech builder in the digital sector, with the constant aim of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek innovative solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.