Davide Campari-Milano NV (MIL:CPR) Debt-to-Equity : 0.77 (As of Dec. 2023)

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What is Davide Campari-Milano NV Debt-to-Equity?

Davide Campari-Milano NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €447 Mil. Davide Campari-Milano NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,807 Mil. Davide Campari-Milano NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2,925 Mil. Davide Campari-Milano NV's debt to equity for the quarter that ended in Dec. 2023 was 0.77.

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 Davide Campari-Milano NV's Debt-to-Equity or its related term are showing as below:

MIL:CPR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.71 Max: 1.01
Current: 0.77

During the past 13 years, the highest Debt-to-Equity Ratio of Davide Campari-Milano NV was 1.01. The lowest was 0.55. And the median was 0.71.

MIL:CPR's Debt-to-Equity is ranked worse than
70.49% of 183 companies
in the Beverages - Alcoholic industry
Industry Median: 0.38 vs MIL:CPR: 0.77

Davide Campari-Milano NV Debt-to-Equity Historical Data

The historical data trend for Davide Campari-Milano NV'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.

Davide Campari-Milano NV Debt-to-Equity Chart

Davide Campari-Milano NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.55

0.77

0.65

0.67

0.77

Davide Campari-Milano NV 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															0.67	N/A	0.78	N/A	0.77

Competitive Comparison of Davide Campari-Milano NV's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano NV'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.

Davide Campari-Milano NV's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Davide Campari-Milano NV's Debt-to-Equity falls into.

Davide Campari-Milano NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Davide Campari-Milano NV'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
	=	(446.6	+	1807.3)	/	2925.2
	=	0.77

Davide Campari-Milano NV'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
	=	(446.6	+	1807.3)	/	2925.2
	=	0.77

Davide Campari-Milano NV (MIL:CPR) 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.

Davide Campari-Milano NV Debt-to-Equity Related Terms

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Davide Campari-Milano NV (MIL:CPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Davide Campari-Milano NV (MIL:CPR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DVCMY:USA DVDCF:USA CPRm:UK 0ROY:UK 58H:Germany 58H:Germany

Address

Via Franco Sacchetti 20, Sesto San Giovanni, Milan, ITA, 20099

Website

https://www.camparigroup.com

Davide Campari-Milano, or Campari, is the Italian-headquartered parent of the Campari Group and is the world's leading manufacturer of liqueurs, according to Euromonitor, with a volume share of 10% in 2022. The company's liqueur portfolio includes aperitifs Aperol, Campari, Cinzano Vermouth, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global priority brands Skyy vodka and Wild Turkey bourbon, and niche brands such as Appleton Estate Rum, Bulldog gin, and Espolon tequila. Campari also produces and markets a range of champagne and sparkling wines.Campari is controlled by Lagfin S.C.A., a Luxembourg-based holding company, which holds 54% of the share capital and over 60% of the voting rights. A further 43% of the equity is free float.

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