AA Tech SpA (MIL:AAT) Debt-to-Asset : 0.38 (As of Dec. 2025)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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.

MIL:AAT AA Tech SpA MIL:AAT
21 GF Score
Price €1.03
GF Value €4.18
Valuation Possible Value Trap
! 7 Warning Signs
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What is AA Tech SpA Debt-to-Asset?

AA Tech SpA MIL:AAT -0.96% 21 Debt-to-Asset is 0.38 as of Dec. 2025. GuruFocus rates MIL:AAT with a GF Score™ of 21/100 and a GF Value™ of €4.18 (Possible Value Trap). The stock has 7 warning signs investors should review.

AA Tech SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1.41 Mil. AA Tech SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €8.69 Mil. AA Tech SpA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was €26.87 Mil. AA Tech SpA's debt to asset for the quarter that ended in Dec. 2025 was 0.38.


AA Tech SpA  (MIL:AAT) 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.


AA Tech SpA Debt-to-Asset Related Terms


AA Tech SpA Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for AA Tech SpA'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.

AA Tech SpA Debt-to-Asset Chart

AA Tech SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
0.24 0.38 0.40 0.36 0.38

AA Tech SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Asset Get a 7-Day Free Trial 0.40 0.34 0.36 0.42 0.38

MIL:AAT vs MSFT, PLTR, ORCL: Debt-to-Asset Comparison

For the Software - Infrastructure subindustry, AA Tech SpA'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.


AA Tech SpA Debt-to-Asset vs Software Industry

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

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


MIL:AAT
21GF Score
AA Tech SpA MIL:AAT
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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AA Tech SpA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

AA Tech SpA's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

AA Tech SpA's Debt-to-Asset for the quarter that ended in Dec. 2025 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.38 mean?
AA Tech SpA (MIL:AAT) has a Debt-to-Asset of 0.38 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on AA Tech SpA and its competitors.
Is AA Tech SpA's Debt-to-Asset too high?
AA Tech SpA's current Debt-to-Asset is 0.38. Overall, AA Tech SpA has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AA Tech SpA's Debt-to-Asset compare to MSFT and PLTR?
AA Tech SpA's Debt-to-Asset of 0.38 can be compared against companies in the Software 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 a Software company?
A good Debt-to-Asset depends on the Software 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 AA Tech SpA and its competitors. AA Tech SpA's current Debt-to-Asset is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AA Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, AA Tech SpA (MIL:AAT) is currently considered Possible Value Trap. The stock's GF Value™ is €4.18, compared to a current price of €1.03 — trading 75.4% below its estimated fair value. The current Debt-to-Asset is 0.38. AA Tech SpA's overall GF Score™ is 21/100 with 7 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 AA Tech SpA (MIL:AAT), the current Debt-to-Asset is 0.38 as of Dec. 2025. 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 AA Tech SpA (MIL:AAT) Overvalued in 2026?

Based on GuruFocus' analysis, AA Tech SpA stock appears to be undervalued. The current stock price of €1.03 is trading 75.4% below its estimated GF Value™ of €4.18. GuruFocus considers AA Tech SpA to be Possible Value Trap.

Key valuation signals for MIL:AAT:

  • Debt-to-Asset: 0.38
  • GF Value™: €4.18 vs. price of €1.03 (75.4% below fair value)
  • GF Score™: 21/100 with 7 warning signs

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


AA Tech SpA Business Description

Address Viale Carlo Espinasse 163, Milan, ITA, 20144
AA Tech SpA is a venture tech builder in the digital sector, with the constant aiming of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek 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.
21GF Score

Get the complete analysis for MIL:AAT

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

€1.03
Price
€4.18
GF Value