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Finanza.tech SpA (MIL:FTC) Debt-to-Equity : 0.16 (As of Dec. 2023)


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What is Finanza.tech SpA Debt-to-Equity?

Finanza.tech SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.72 Mil. Finanza.tech SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.56 Mil. Finanza.tech SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €7.87 Mil. Finanza.tech SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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

MIL:FTC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.11   Max: 0.31
Current: 0.16

During the past 5 years, the highest Debt-to-Equity Ratio of Finanza.tech SpA was 0.31. The lowest was 0.07. And the median was 0.11.

MIL:FTC's Debt-to-Equity is ranked better than
69.64% of 929 companies
in the Business Services industry
Industry Median: 0.38 vs MIL:FTC: 0.16

Finanza.tech SpA Debt-to-Equity Historical Data

The historical data trend for Finanza.tech 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.

Finanza.tech SpA Debt-to-Equity Chart

Finanza.tech SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.31 0.07 0.07 0.11 0.16

Finanza.tech SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 0.07 0.05 0.11 0.10 0.16

Competitive Comparison of Finanza.tech SpA's Debt-to-Equity

For the Consulting Services subindustry, Finanza.tech 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.

Finanza.tech SpA's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Finanza.tech SpA's Debt-to-Equity distribution charts can be found below:

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


Finanza.tech SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Finanza.tech 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
=(0.72 + 0.563) / 7.866
=0.16

Finanza.tech 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
=(0.72 + 0.563) / 7.866
=0.16

* 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.

Finanza.tech SpA  (MIL:FTC) 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.

Finanza.tech SpA Debt-to-Equity Related Terms

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

Finanza.tech SpA (MIL:FTC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Finanza.tech SpA (MIL:FTC) » Definitions » Debt-to-Equity
Comparable Companies
MIL:EPRB MIL:PMT VRSK LSE:EXPN EFX BAH XSWX:SGSN XPAR:BVI TRU FCN TSE:6532 XSWX:DKSH SZSE:300012 ASX:ALQ ICFI XPAR:IPS HURN LSE:DATA SZSE:002967 SHSE:603060
Traded in Other Exchanges
N/A
Address
Via Santa Maria Fulcorina, 19, Milan, ITA, 20123
Website
https://www.finanza.tech
Finanza.tech SpA is a fintech operator. It provides consultancy activities in extraordinary finance operations and support for ordinary corporate financial management.