Gismondi 1754 SpA (MIL:GIS) Debt-to-Equity : 0.63 (As of Dec. 2023)

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What is Gismondi 1754 SpA Debt-to-Equity?

Gismondi 1754 SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.13 Mil. Gismondi 1754 SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.97 Mil. Gismondi 1754 SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €11.25 Mil. Gismondi 1754 SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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 Gismondi 1754 SpA's Debt-to-Equity or its related term are showing as below:

MIL:GIS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.43 Max: 6.75
Current: 0.63

During the past 6 years, the highest Debt-to-Equity Ratio of Gismondi 1754 SpA was 6.75. The lowest was 0.17. And the median was 0.43.

MIL:GIS's Debt-to-Equity is ranked worse than
51.29% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs MIL:GIS: 0.63

Gismondi 1754 SpA Debt-to-Equity Historical Data

The historical data trend for Gismondi 1754 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.

Gismondi 1754 SpA Debt-to-Equity Chart

Gismondi 1754 SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.22

0.21

0.28

0.51

Gismondi 1754 SpA Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.28	0.35	0.51	0.54	0.63

Competitive Comparison of Gismondi 1754 SpA's Debt-to-Equity

For the Luxury Goods subindustry, Gismondi 1754 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.

Gismondi 1754 SpA's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gismondi 1754 SpA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gismondi 1754 SpA's Debt-to-Equity falls into.

Gismondi 1754 SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gismondi 1754 SpA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2.84	+	2.733)	/	11.031
	=	0.51

Gismondi 1754 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
	=	(3.132	+	3.969)	/	11.251
	=	0.63

Gismondi 1754 SpA (MIL:GIS) 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.

Gismondi 1754 SpA Debt-to-Equity Related Terms

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Gismondi 1754 SpA (MIL:GIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Gismondi 1754 SpA (MIL:GIS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Galata, 72-74r, Genoa, ITA

Website

https://www.gismondi1754.com

Gismondi 1754 SpA is engaged in creation, production and marketing of jewelry. The company manufactures rings, necklaces, earrings, and pendants. Its brands are Essenza, Noi, Aura, Era, Dedalo, and Prato Fiorito.