Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) Debt-to-Equity : 0.52 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Fine Foods & Pharmaceuticals NTM SpA Debt-to-Equity?

Fine Foods & Pharmaceuticals NTM SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €55.6 Mil. Fine Foods & Pharmaceuticals NTM SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €10.8 Mil. Fine Foods & Pharmaceuticals NTM SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €126.9 Mil. Fine Foods & Pharmaceuticals NTM SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.52.

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 Fine Foods & Pharmaceuticals NTM SpA's Debt-to-Equity or its related term are showing as below:

MIL:FF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.38 Max: 0.9
Current: 0.52

During the past 8 years, the highest Debt-to-Equity Ratio of Fine Foods & Pharmaceuticals NTM SpA was 0.90. The lowest was 0.15. And the median was 0.38.

MIL:FF's Debt-to-Equity is ranked worse than
56.78% of 1638 companies
in the Consumer Packaged Goods industry
Industry Median: 0.405 vs MIL:FF: 0.52

Fine Foods & Pharmaceuticals NTM SpA Debt-to-Equity Historical Data

The historical data trend for Fine Foods & Pharmaceuticals NTM 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.

Fine Foods & Pharmaceuticals NTM SpA Debt-to-Equity Chart

Fine Foods & Pharmaceuticals NTM SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.24

0.15

0.75

0.90

0.52

Fine Foods & Pharmaceuticals NTM SpA Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.90	0.89	0.86	0.77	0.52

Competitive Comparison of Fine Foods & Pharmaceuticals NTM SpA's Debt-to-Equity

For the Packaged Foods subindustry, Fine Foods & Pharmaceuticals NTM 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.

Fine Foods & Pharmaceuticals NTM SpA's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fine Foods & Pharmaceuticals NTM SpA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fine Foods & Pharmaceuticals NTM SpA's Debt-to-Equity falls into.

Fine Foods & Pharmaceuticals NTM SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fine Foods & Pharmaceuticals NTM 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
	=	(55.624	+	10.767)	/	126.949
	=	0.52

Fine Foods & Pharmaceuticals NTM 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
	=	(55.624	+	10.767)	/	126.949
	=	0.52

Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) 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.

Fine Foods & Pharmaceuticals NTM SpA Debt-to-Equity Related Terms

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

Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9S5:Germany

Address

Via Berlino, 39, Verdellino, Zingonia, Bergamo, ITA, 24040

Website

https://www.finefoods.it

Fine Foods & Pharmaceuticals NTM SpA is engaged in contract development and manufacturing of pharmaceuticals, nutraceuticals, and medical devices in solid oral forms. The company produces pharmaceutical products such as powders and granules, tablets, film tablets, and hard gelatin capsules, packed in sachets, blisters, and pillows.