High Quality Food SpA (MIL:HQF) Debt-to-Equity: 1.37 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:HQF High Quality Food SpA MIL:HQF
29 GF Score
Price €0.51
! 7 Warning Signs
View Full Analysis

What is High Quality Food SpA Debt-to-Equity?

High Quality Food SpA MIL:HQF 29 Debt-to-Equity is 1.37 as of Dec. 2025, which is 5% above its 10-year median of 1.30. GuruFocus rates MIL:HQF with a GF Score™ of 29/100. The stock has 7 warning signs investors should review. Among 277 Retail - Defensive companies, High Quality Food SpA ranks worse than 74.37% on this metric.

High Quality Food SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €8.86 Mil. High Quality Food SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €3.14 Mil. High Quality Food SpA's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €8.77 Mil. High Quality Food SpA's debt to equity for the quarter that ended in Dec. 2025 was 1.37.

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

MIL:HQF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.97   Med: 1.3   Max: 1.54
Current: 1.37

During the past 5 years, the highest Debt-to-Equity Ratio of High Quality Food SpA was 1.54. The lowest was 0.97. And the median was 1.30.

MIL:HQF's Debt-to-Equity is ranked worse than
74.37% of 277 companies
in the Retail - Defensive industry
Industry Median: 0.56 vs MIL:HQF: 1.37

High Quality Food SpA  (MIL:HQF) 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.


High Quality Food SpA Debt-to-Equity Related Terms


High Quality Food SpA Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for High Quality Food 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.

High Quality Food SpA Debt-to-Equity Chart

High Quality Food SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
N/A 1.54 0.97 1.23 1.37

High Quality Food SpA Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial 0.97 0.99 1.23 1.30 1.37

MIL:HQF vs SYY, USFD, PFGC: Debt-to-Equity Comparison

For the Food Distribution subindustry, High Quality Food 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.


High Quality Food SpA Debt-to-Equity vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, High Quality Food SpA's Debt-to-Equity distribution charts can be found below:

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


MIL:HQF
29GF Score
High Quality Food SpA MIL:HQF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

High Quality Food SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

High Quality Food SpA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

High Quality Food SpA's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.37 mean?
High Quality Food SpA (MIL:HQF) has a Debt-to-Equity of 1.37 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on High Quality Food SpA and its competitors. This is near median its historical median of 1.30. Over the past decade, High Quality Food SpA's Debt-to-Equity has ranged from 0.97 to 1.54. According to the industry distribution chart, High Quality Food SpA ranks #206 out of 277 companies in the Retail - Defensive industry, placing it in the top 74.4%.
Is High Quality Food SpA's Debt-to-Equity too high?
High Quality Food SpA's current Debt-to-Equity of 1.37 is near median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 1.54. The Retail - Defensive industry median Debt-to-Equity is 0.56. High Quality Food SpA's value of 1.37 is 144.6% above this industry median. Based on the distribution chart, High Quality Food SpA ranks #206 out of 277 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, High Quality Food SpA has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does High Quality Food SpA's Debt-to-Equity compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, High Quality Food SpA ranks #206 out of 277 companies for Debt-to-Equity. This places High Quality Food SpA in the lower half of its industry. The industry median Debt-to-Equity is 0.56. High Quality Food SpA's value of 1.37 is 144.6% above this benchmark. Historically, High Quality Food SpA's own Debt-to-Equity has ranged from 0.97 to 1.54 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 0.56, High Quality Food SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Defensive company?
The median Debt-to-Equity among Retail - Defensive companies is 0.56, based on 277 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Quality Food SpA's current Debt-to-Equity of 1.37 is 144.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on High Quality Food SpA and its competitors. For the Retail - Defensive industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Quality Food SpA's current Debt-to-Equity is 1.37, which is near median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Quality Food SpA stock overvalued right now?
High Quality Food SpA (MIL:HQF) has a current Debt-to-Equity of 1.37. The current Debt-to-Equity is 1.37, which is near median its 10-year median of 1.30 and 144.6% above the Retail - Defensive industry median of 0.56. High Quality Food SpA's overall GF Score™ is 29/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For High Quality Food SpA (MIL:HQF), the current Debt-to-Equity is 1.37 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

High Quality Food SpA Business Description

Address Via di Pietralata, 179, Rome, ITA, 00158
High Quality Food SpA specializes in producing and marketing food products mainly for the hotel and restaurant sectors. It offers meats, charcuterie products, cheese products, fish and seafood products, fresh fruits and vegetables, bakery products, pasta, rice and cereals, oil, sauces and condiments, canned and tinned products, etc. The company also sells accessories for the catering industry such as vacuum packing, bamboo skewers, packaging, etc. Geographically, the company derives a majority of its revenue from Italy and the rest from other parts of Europe, and other countries.
29GF Score

Get the complete analysis for MIL:HQF

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.51
Price