GM Leather SpA (MIL:GML) Debt-to-Asset : 0.46 (As of Dec. 2025)

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MIL:GML GM Leather SpA MIL:GML
59 GF Score
Price €0.68
GF Value €1.22
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is GM Leather SpA Debt-to-Asset?

GM Leather SpA MIL:GML -2.86% 59 Debt-to-Asset is 0.46 as of Dec. 2025. GuruFocus rates MIL:GML with a GF Score™ of 59/100 and a GF Value™ of €1.22 (Possible Value Trap). The stock has 9 warning signs investors should review.

GM Leather SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €16.75 Mil. GM Leather SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €8.93 Mil. GM Leather SpA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was €55.78 Mil. GM Leather SpA's debt to asset for the quarter that ended in Dec. 2025 was 0.46.

GM Leather SpA  (MIL:GML) 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.

GM Leather SpA Debt-to-Asset Related Terms

GM Leather SpA Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for GM Leather 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.

GM Leather SpA Debt-to-Asset Chart

GM Leather SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial 0.48 0.44 0.51 0.48 0.46

GM Leather SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.50 0.48 0.45 0.46

MIL:GML vs AIN: Debt-to-Asset Comparison

For the Textile Manufacturing subindustry, GM Leather 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.

GM Leather SpA Debt-to-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GM Leather SpA's Debt-to-Asset distribution charts can be found below:

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


MIL:GML
59GF Score
GM Leather SpA MIL:GML
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GM Leather SpA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

GM Leather SpA'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
=(16.749 + 8.932) / 55.782
=0.46

GM Leather SpA's Debt-to-Asset for the quarter 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
=(16.749 + 8.932) / 55.782
=0.46

* 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 0.46 mean?
GM Leather SpA (MIL:GML) has a Debt-to-Asset of 0.46 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on GM Leather SpA and its competitors.
Is GM Leather SpA's Debt-to-Asset too high?
GM Leather SpA's current Debt-to-Asset is 0.46. Overall, GM Leather SpA has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GM Leather SpA's Debt-to-Asset compare to AIN?
GM Leather SpA's Debt-to-Asset of 0.46 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Debt-to-Asset depends on the Manufacturing - Apparel & Accessories 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 GM Leather SpA and its competitors. GM Leather SpA's current Debt-to-Asset is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GM Leather SpA stock overvalued right now?
Based on GuruFocus' analysis, GM Leather SpA (MIL:GML) is currently considered Possible Value Trap. The stock's GF Value™ is €1.22, compared to a current price of €0.68 — trading 44.3% below its estimated fair value. The current Debt-to-Asset is 0.46. GM Leather SpA's overall GF Score™ is 59/100 with 9 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 GM Leather SpA (MIL:GML), the current Debt-to-Asset is 0.46 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 GM Leather SpA (MIL:GML) Overvalued in 2026?

Based on GuruFocus' analysis, GM Leather SpA stock appears to be undervalued. The current stock price of €0.68 is trading 44.3% below its estimated GF Value™ of €1.22. GuruFocus considers GM Leather SpA to be Possible Value Trap.

Key valuation signals for MIL:GML:

  • Debt-to-Asset: 0.46
  • GF Value™: €1.22 vs. price of €0.68 (44.3% below fair value)
  • GF Score™: 59/100 with 9 warning signs

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

GM Leather SpA Business Description

Address Via Olimpica 11, Arzignano, ITA, 36071
GM Leather SpA engages in the treatment, processing, and marketing of bovine leather. Its products are predominantly intended for the furniture, leather goods, and footwear industries. Geographically, the company derives its maximum revenue from non-EU countries followed by Italy and EU countries.
59GF Score

Get the complete analysis for MIL:GML

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

€0.68
Price
€1.22
GF Value