Azimut Holding SPA (Azimut Holding SPA) Debt-to-Equity : 0.00 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Azimut Holding SPA Debt-to-Equity?

Azimut Holding SPA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Azimut Holding SPA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Azimut Holding SPA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,691 Mil. Azimut Holding SPA's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Azimut Holding SPA's Debt-to-Equity or its related term are showing as below:

AZIHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.6 Max: 1.28
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Azimut Holding SPA was 1.28. The lowest was 0.36. And the median was 0.60.

AZIHF's Debt-to-Equity is ranked better than
86.35% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs AZIHF: 0.04

Azimut Holding SPA Debt-to-Equity Historical Data

The historical data trend for Azimut Holding 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.

Azimut Holding SPA Debt-to-Equity Chart

Azimut Holding SPA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.28

1.03

0.76

0.38

Azimut Holding SPA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.38	-	0.36	0.03	-

Competitive Comparison of Azimut Holding SPA's Debt-to-Equity

For the Asset Management subindustry, Azimut Holding 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.

Azimut Holding SPA's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Azimut Holding SPA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Azimut Holding SPA's Debt-to-Equity falls into.

Azimut Holding SPA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Azimut Holding 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
	=	(0	+	0)	/	1690.909
	=	0.00

Azimut Holding 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
	=	(0	+	0)	/	1690.909
	=	0.00

Azimut Holding SPA (OTCPK:AZIHF) 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.

Azimut Holding SPA Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Azimut Holding SPA's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Azimut Holding SPA (Azimut Holding SPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Azimut Holding SPA (OTCPK:AZIHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AZM:Italy AZMm:UK 0MHJ:UK HDB:Germany

Address

Via Cusani 4, Milan, ITA, 20121

Website

https://www.azimut.it

Azimut Holding SPA is a large independent asset management firm operating primarily in Italy but with an increasingly global presence. In Italy, its capital management division sells and manages Italian mutual funds, Italian hedge funds, and is active in the discretionary management of individual investment portfolios. Its international business operations involve the sale, management, and distribution of financial and insurance products. Its portfolio solutions encompass a broad array of strategies that cut across various traditional and alternative asset classes. A majority of its revenue is derived from recurring fees from assets under management.

Azimut Holding SPA (Azimut Holding SPA) Headlines

From GuruFocus

David Herro Buys Ferrari, 2 Other Italian Stocks

By Sheila Dang Sheila Dang • 06-03-2016