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Bellini Nautica SpA (MIL:BELL) Debt-to-Equity : 0.54 (As of Dec. 2023)


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What is Bellini Nautica SpA Debt-to-Equity?

Bellini Nautica SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.64 Mil. Bellini Nautica SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.29 Mil. Bellini Nautica SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €7.24 Mil. Bellini Nautica SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.54.

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 Bellini Nautica SpA's Debt-to-Equity or its related term are showing as below:

MIL:BELL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.71   Max: 1.04
Current: 0.54

During the past 4 years, the highest Debt-to-Equity Ratio of Bellini Nautica SpA was 1.04. The lowest was 0.35. And the median was 0.71.

MIL:BELL's Debt-to-Equity is ranked worse than
55.19% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs MIL:BELL: 0.54

Bellini Nautica SpA Debt-to-Equity Historical Data

The historical data trend for Bellini Nautica 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.

Bellini Nautica SpA Debt-to-Equity Chart

Bellini Nautica SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
1.04 0.87 0.35 0.54

Bellini Nautica SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.87 0.39 0.35 0.66 0.54

Competitive Comparison of Bellini Nautica SpA's Debt-to-Equity

For the Recreational Vehicles subindustry, Bellini Nautica 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.

Bellini Nautica SpA's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bellini Nautica SpA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bellini Nautica SpA's Debt-to-Equity falls into.


Bellini Nautica SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bellini Nautica 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
=(2.636 + 1.29) / 7.239
=0.54

Bellini Nautica 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
=(2.636 + 1.29) / 7.239
=0.54

* 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.

Bellini Nautica SpA  (MIL:BELL) 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.

Bellini Nautica SpA Debt-to-Equity Related Terms

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

Bellini Nautica SpA (MIL:BELL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bellini Nautica SpA (MIL:BELL) » Definitions » Debt-to-Equity
Comparable Companies
MIL:EVA TSX:DOO PII BC THO HOG LCII XPAR:TRI SHSE:603129 XSWX:PKTM WGO SHSE:603766 MIL:SL XPAR:BEN MBUU NZSE:THL SHSE:603787 MCFT MPX ISX:VKTR
Traded in Other Exchanges
F2F:Germany
Address
Via Carlo Lanza 28, Clusane d'Iseo, Via Carlo Lanza 28,, ITA, 25049
Website
https://www.bellininautica.it
Bellini Nautica SpA offers recreational vehicles. It engages in the sale of new Cranchi yachts and used Riva speed boats, dinghies, and motor boats. It restores collectable Riva boats and sells accessories such as Garmin, Fusion, Navigon, Navionics, and Raymarine nautical apparel.

Bellini Nautica SpA (MIL:BELL) Headlines

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