Ecomembrane SpA (MIL:ECMB) Debt-to-Equity : 0.31 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Ecomembrane SpA Debt-to-Equity?

Ecomembrane SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2.43 Mil. Ecomembrane SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1.49 Mil. Ecomembrane SpA's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €12.81 Mil. Ecomembrane SpA's debt to equity for the quarter that ended in Jun. 2024 was 0.31.

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

MIL:ECMB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.53 Max: 0.89
Current: 0.32

During the past 4 years, the highest Debt-to-Equity Ratio of Ecomembrane SpA was 0.89. The lowest was 0.11. And the median was 0.53.

MIL:ECMB's Debt-to-Equity is ranked better than
58.38% of 358 companies
in the Packaging & Containers industry
Industry Median: 0.425 vs MIL:ECMB: 0.32

Ecomembrane SpA Debt-to-Equity Historical Data

The historical data trend for Ecomembrane 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.

Ecomembrane SpA Debt-to-Equity Chart

Ecomembrane SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

0.76

0.89

0.11

0.32

Ecomembrane SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			0.89	-	0.11	0.31	0.32

Competitive Comparison of Ecomembrane SpA's Debt-to-Equity

For the Packaging & Containers subindustry, Ecomembrane 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.

Ecomembrane SpA's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ecomembrane SpA's Debt-to-Equity distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Ecomembrane SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ecomembrane 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
	=	(0.632	+	1.068)	/	14.883
	=	0.11

Ecomembrane SpA's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(2.431	+	1.489)	/	12.812
	=	0.31

Ecomembrane SpA (MIL:ECMB) 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.

Ecomembrane SpA Debt-to-Equity Related Terms

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

Ecomembrane SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ecomembrane SpA (MIL:ECMB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Pari Opportunita n. 9, Gadesco, Pieve Delmona, ITA, 26030

Website

https://www.ecomembrane.com

Ecomembrane SpA operates in the sector of design, sale and installation of components for biogas and biomethane production plants and gas storage systems, such as biogas, methane, CO2 and hydrogen. Specifically, it carries out production activity which mainly takes the form of cutting, high-frequency welding and packaging of membrane covers using, as the main material, PVC-coated polyester fabric. The company operates globally and has the most extensive network in the world in terms of installations as well as production structure. Its products include 3Master, 2 Master, Cupola M2- heat shield, Cupola M3, Econtainer, M1 cone, and Claricover.

Ecomembrane SpA Headlines

No Headlines