The Middleby (FRA:MBY) Debt-to-Asset : 0.37 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:MBY The Middleby Corp FRA:MBY
76 GF Score
Price €89.00
GF Value €97.13
! 2 Warning Signs
View Full Analysis

What is The Middleby Debt-to-Asset?

The Middleby FRA:MBY +0.56% 76 Debt-to-Asset is 0.37 as of Jun. 2026. GuruFocus rates FRA:MBY with a GF Score™ of 76/100 and a GF Value™ of €97.13. The stock has 2 warning signs investors should review.

The Middleby's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €56 Mil. The Middleby's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1,680 Mil. The Middleby's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was €4,653 Mil. The Middleby's debt to asset for the quarter that ended in Jun. 2026 was 0.37.


The Middleby  (FRA:MBY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


The Middleby Debt-to-Asset Related Terms


The Middleby Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for The Middleby's Debt-to-Asset 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.

The Middleby Debt-to-Asset Chart

The Middleby Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.40 0.36 0.33 0.35

The Middleby Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.33 0.35 0.35 0.37

FRA:MBY vs SYM, CSW, XE: Debt-to-Asset Comparison

For the Specialty Industrial Machinery subindustry, The Middleby's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


The Middleby Debt-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Middleby's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where The Middleby's Debt-to-Asset falls into.


FRA:MBY
76GF Score
The Middleby Corp FRA:MBY
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Middleby Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

The Middleby's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(54.606 + 1817.809) / 5393.152
=0.35

The Middleby's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(56.355 + 1679.947) / 4653.047
=0.37

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.37 mean?
The Middleby (FRA:MBY) has a Debt-to-Asset of 0.37 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on The Middleby and its competitors.
Is The Middleby's Debt-to-Asset too high?
The Middleby's current Debt-to-Asset is 0.37. Overall, The Middleby has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does The Middleby's Debt-to-Asset compare to SYM and CSW?
The Middleby's Debt-to-Asset of 0.37 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Industrial Products company?
A good Debt-to-Asset depends on the Industrial Products industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on The Middleby and its competitors. The Middleby's current Debt-to-Asset is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Middleby stock overvalued right now?
The Middleby (FRA:MBY) has a current Debt-to-Asset of 0.37. The stock's GF Value™ is €97.13, compared to a current price of €89.00 — trading 8.4% below its estimated fair value. The current Debt-to-Asset is 0.37. The Middleby's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For The Middleby (FRA:MBY), the current Debt-to-Asset is 0.37 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Middleby (FRA:MBY) Overvalued in 2026?

Based on GuruFocus' analysis, The Middleby stock appears to be undervalued. The current stock price of €89.00 is trading 8.4% below its estimated GF Value™ of €97.13.

Key valuation signals for FRA:MBY:

  • Debt-to-Asset: 0.37
  • GF Value™: €97.13 vs. price of €89.00 (8.4% below fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the FRA:MBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Middleby Business Description

Other Exchanges MIDD:USA0K1G:UK
Address 1400 Toastmaster Drive, Elgin, IL, USA, 60120
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
76GF Score

Get the complete analysis for FRA:MBY

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€89.00
Price
€97.13
GF Value