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ENAV SpA (MIL:ENAV) Debt-to-Equity : 0.28 (As of Sep. 2024)


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What is ENAV SpA Debt-to-Equity?

ENAV SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.0 Mil. ENAV SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €331.8 Mil. ENAV SpA's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €1,177.8 Mil. ENAV SpA's debt to equity for the quarter that ended in Sep. 2024 was 0.28.

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

MIL:ENAV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.33   Max: 0.58
Current: 0.28

During the past 11 years, the highest Debt-to-Equity Ratio of ENAV SpA was 0.58. The lowest was 0.02. And the median was 0.33.

MIL:ENAV's Debt-to-Equity is ranked better than
69.47% of 881 companies
in the Transportation industry
Industry Median: 0.54 vs MIL:ENAV: 0.28

ENAV SpA Debt-to-Equity Historical Data

The historical data trend for ENAV 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.

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ENAV SpA Debt-to-Equity Chart

ENAV SpA 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 0.30 0.51 0.58 0.50 0.43

ENAV SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.28 0.43 0.25 0.54 0.28

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

For the Airports & Air Services subindustry, ENAV 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.


ENAV SpA's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ENAV SpA's Debt-to-Equity distribution charts can be found below:

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



ENAV SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ENAV SpA's Debt to Equity Ratio for the quarter that ended in Sep. 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.


ENAV SpA  (MIL:ENAV) 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.


ENAV SpA Debt-to-Equity Related Terms

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


ENAV SpA Business Description

Traded in Other Exchanges
Address
Via Salaria 716, Rome, ITA, 00138
ENAV SpA is an air traffic controlling firm. The company's operating segment includes flight assistance services, Maintenance services and AIM software solutions. It generates maximum revenue from the Flight assistance services segment. Geographically, it derives a majority of revenue from Italy.

ENAV SpA Headlines