Avio SpA (MIL:AVIO) Debt-to-Equity : 0.07 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Avio SpA Debt-to-Equity?

Avio SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €11.79 Mil. Avio SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €7.67 Mil. Avio SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €300.62 Mil. Avio SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

MIL:AVIO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.2 Max: 0.49
Current: 0.07

During the past 10 years, the highest Debt-to-Equity Ratio of Avio SpA was 0.49. The lowest was 0.02. And the median was 0.20.

MIL:AVIO's Debt-to-Equity is ranked better than
86.82% of 258 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs MIL:AVIO: 0.07

Avio SpA Debt-to-Equity Historical Data

The historical data trend for Avio 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.

Avio SpA Debt-to-Equity Chart

Avio SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.29

0.20

0.16

0.19

0.07

Avio SpA Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.16	0.13	0.19	0.08	0.07

Competitive Comparison of Avio SpA's Debt-to-Equity

For the Aerospace & Defense subindustry, Avio 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.

Avio SpA's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avio SpA's Debt-to-Equity distribution charts can be found below:

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

Avio SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avio 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
	=	(11.791	+	7.671)	/	300.617
	=	0.06

Avio 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
	=	(11.791	+	7.671)	/	300.617
	=	0.06

Avio SpA (MIL:AVIO) 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.

Avio SpA Debt-to-Equity Related Terms

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

Avio SpA (MIL:AVIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Avio SpA (MIL:AVIO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0R9S:UK 2ZP:Germany

Address

Via Latina, snc (SP 600 Ariana Km 5,2), Colleferro, Rome, ITA, 00034

Website

https://www.avio.com

Avio SpA is an international group engaged in the construction and development of space launchers, solid and liquid propulsion systems for space travel. The firm is a prime contractor for the Vega program and a sub-contractor for the Ariane program, both financed by the European Space Agency (ESA), placing Italy among the limited number of countries capable of producing a complete spacecraft.

Avio SpA (MIL:AVIO) Headlines

No Headlines