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Take Off SpA (MIL:TKF) Debt-to-Equity : 0.42 (As of Dec. 2023)


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What is Take Off SpA Debt-to-Equity?

Take Off SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.74 Mil. Take Off SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5.48 Mil. Take Off SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €24.36 Mil. Take Off SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.42.

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

MIL:TKF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42   Med: 0.52   Max: 1.15
Current: 0.42

During the past 5 years, the highest Debt-to-Equity Ratio of Take Off SpA was 1.15. The lowest was 0.42. And the median was 0.52.

MIL:TKF's Debt-to-Equity is ranked better than
60.68% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs MIL:TKF: 0.42

Take Off SpA Debt-to-Equity Historical Data

The historical data trend for Take Off 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.

Take Off SpA Debt-to-Equity Chart

Take Off SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
N/A 1.15 0.56 0.48 0.42

Take Off SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 0.56 0.61 0.48 0.54 0.42

Competitive Comparison of Take Off SpA's Debt-to-Equity

For the Apparel Retail subindustry, Take Off 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.


Take Off SpA's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Take Off SpA's Debt-to-Equity distribution charts can be found below:

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



Take Off SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Take Off SpA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Take Off SpA's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Take Off SpA  (MIL:TKF) 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.


Take Off SpA Debt-to-Equity Related Terms

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Take Off SpA (MIL:TKF) Business Description

Traded in Other Exchanges
N/A
Address
Via Montenapoleone 8, Milan, ITA, 20121
Take Off SpA is engaged in the operations of clothing stores in Italy. The company offers women's clothes, men's clothes and accessories.

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