Mig Holdings (ATH:MIG) Debt-to-Equity: 0.68 (As of Jun. 2024)

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ATH:MIG Mig Holdings SA ATH:MIG
33 GF Score
Price €3.65
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What is Mig Holdings Debt-to-Equity?

Mig Holdings ATH:MIG +2.68% 33 Debt-to-Equity is 0.68 as of Jun. 2024. GuruFocus rates ATH:MIG with a GF Score™ of 33/100.

Mig Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.13 Mil. Mig Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €86.17 Mil. Mig Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €127.02 Mil. Mig Holdings's debt to equity for the quarter that ended in Jun. 2024 was 0.68.

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 Mig Holdings's Debt-to-Equity or its related term are showing as below:

ATH:MIG's Debt-to-Equity is not ranked *
in the Real Estate industry.
Industry Median: 0.74
* Ranked among companies with meaningful Debt-to-Equity only.

Mig Holdings  (ATH:MIG) 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.


Mig Holdings Debt-to-Equity Related Terms


Mig Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Mig Holdings'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.

Mig Holdings Debt-to-Equity Chart

Mig Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 16.21 20.92 48.71 0.76

Mig Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity 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 36.64 48.71 0.75 0.76 0.68

ATH:MIG vs CBRE, CSGP, BEKE: Debt-to-Equity Comparison

For the Real Estate Services subindustry, Mig Holdings'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.


Mig Holdings Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mig Holdings's Debt-to-Equity distribution charts can be found below:

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


ATH:MIG
33GF Score
Mig Holdings SA ATH:MIG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Mig Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mig Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Mig Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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-Equity →
What does a Debt-to-Equity of 0.68 mean?
Mig Holdings (ATH:MIG) has a Debt-to-Equity of 0.68 as of Jun. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mig Holdings and its competitors.
Is Mig Holdings' Debt-to-Equity too high?
Mig Holdings' current Debt-to-Equity is 0.68. The Real Estate industry median Debt-to-Equity is 0.74. Mig Holdings' value of 0.68 is 8.1% below this industry median. Overall, Mig Holdings has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Mig Holdings' Debt-to-Equity compare to CBRE and CSGP?
Mig Holdings' Debt-to-Equity of 0.68 can be compared against companies in the Real Estate industry. The industry median Debt-to-Equity is 0.74. Mig Holdings' value of 0.68 is 8.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.74, based on 1,542 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mig Holdings's current Debt-to-Equity of 0.68 is 8.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mig Holdings and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mig Holdings's current Debt-to-Equity is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mig Holdings stock overvalued right now?
Mig Holdings (ATH:MIG) has a current Debt-to-Equity of 0.68. The current Debt-to-Equity is 0.68 and 8.1% below the Real Estate industry median of 0.74. Mig Holdings' overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Mig Holdings (ATH:MIG), the current Debt-to-Equity is 0.68 as of Jun. 2024. 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.

Mig Holdings Business Description

Address El. Venizelou 10, Athens, GRC, 106 71
Mig Holdings SA is an investment holding company. Through its subsidiaries, the company operates its business in various segments which include Financial Services, Real Estate, and Others. The majority of the company's revenues are generated through the Real Estate segment. This activity consists of the purchase of real estate and exercising ownership of that real estate. Geographically, it operates in Greece, European Countries, and Other countries, out of which the majority is from European countries.
33GF Score

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

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