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.
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.
What is IMD International Medical Devices SpA Debt-to-Equity?
IMD International Medical Devices SpAMIL:IMD -1.61%44 Debt-to-Equity is 0.01 as of Dec. 2025, which is 86% below its 10-year median of 0.07. GuruFocus rates MIL:IMD with a GF Score™ of 44/100 and a GF Value™ of €1.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 705 Medical Devices & Instruments companies, IMD International Medical Devices SpA ranks better than 99.86% on this metric.
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.
MIL:IMD'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.65
Current: 0.01
During the past 5 years, the highest Debt-to-Equity Ratio of IMD International Medical Devices SpA was 0.65. The lowest was 0.01. And the median was 0.07.
MIL:IMD's Debt-to-Equity is ranked better than 99.86% of 705
companies
in the Medical Devices & Instruments industry
Industry Median: 0.23
vs MIL:IMD: 0.01
IMD International Medical Devices SpA (MIL:IMD) Debt-to-Equity Explanation
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.
IMD International Medical Devices SpA Debt-to-Equity Related Terms
IMD International Medical Devices SpA Debt-to-Equity Historical Data
* 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.
IMD International Medical Devices SpA Debt-to-Equity Chart
IMD International Medical Devices SpA Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Debt-to-Equity
0.65
0.19
0.07
0.02
0.01
IMD International Medical Devices SpA Semi-Annual Data
MIL:IMD vs ABT, SYK, MDT: Debt-to-Equity Comparison
For the Medical Devices subindustry, IMD International Medical Devices 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.
IMD International Medical Devices SpA Debt-to-Equity vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, IMD International Medical Devices SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where IMD International Medical Devices SpA's Debt-to-Equity falls into.
* 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.
IMD International Medical Devices SpA (MIL:IMD) has a Debt-to-Equity of 0.01 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on IMD International Medical Devices SpA and its competitors. This is 86% below median its historical median of 0.07. Over the past decade, IMD International Medical Devices SpA's Debt-to-Equity has ranged from 0.01 to 0.65. According to the industry distribution chart, IMD International Medical Devices SpA ranks #1 out of 705 companies in the Medical Devices & Instruments industry, placing it in the top 0.099999999999994%.
Is IMD International Medical Devices SpA's Debt-to-Equity too high?
IMD International Medical Devices SpA's current Debt-to-Equity of 0.01 is 86% below median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.65. The Medical Devices & Instruments industry median Debt-to-Equity is 0.23. IMD International Medical Devices SpA's value of 0.01 is 95.7% below this industry median. Based on the distribution chart, IMD International Medical Devices SpA ranks #1 out of 705 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, IMD International Medical Devices SpA has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IMD International Medical Devices SpA's Debt-to-Equity compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, IMD International Medical Devices SpA ranks #1 out of 705 companies for Debt-to-Equity. This places IMD International Medical Devices SpA in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.23. IMD International Medical Devices SpA's value of 0.01 is 95.7% below this benchmark. Historically, IMD International Medical Devices SpA's own Debt-to-Equity has ranged from 0.01 to 0.65 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.23, IMD International Medical Devices SpA has consistently been below 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 Medical Devices & Instruments company?
The median Debt-to-Equity among Medical Devices & Instruments companies is 0.23, based on 705 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. IMD International Medical Devices SpA's current Debt-to-Equity of 0.01 is 95.7% below 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 IMD International Medical Devices SpA and its competitors. For the Medical Devices & Instruments industry, the median Debt-to-Equity is 0.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IMD International Medical Devices SpA's current Debt-to-Equity is 0.01, which is 86% below median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMD International Medical Devices SpA stock overvalued right now?
Based on GuruFocus' analysis, IMD International Medical Devices SpA (MIL:IMD) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.36, compared to a current price of €1.22 — trading 10.3% below its estimated fair value. The current Debt-to-Equity is 0.01, which is 86% below median its 10-year median of 0.07 and 95.7% below the Medical Devices & Instruments industry median of 0.23. IMD International Medical Devices SpA's overall GF Score™ is 44/100 with 3 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 IMD International Medical Devices SpA (MIL:IMD), the current Debt-to-Equity is 0.01 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.
Is IMD International Medical Devices SpA (MIL:IMD) Overvalued in 2026?
Based on GuruFocus' analysis, IMD International Medical Devices SpA stock appears to be undervalued.
The current stock price of €1.22 is trading 10.3% below its estimated GF Value™ of €1.36.
GuruFocus considers IMD International Medical Devices SpA to be Modestly Undervalued.
Key valuation signals for MIL:IMD:
Debt-to-Equity: 0.01 (86% below median its 10-year median of 0.07)
GF Value™: €1.36 vs. price of €1.22 (10.3% below fair value)
Industry Position: 95.7% below the Medical Devices & Instruments median (#1 of 705)
No single metric tells the full story. See the MIL:IMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IMD International Medical Devices SpA Business Description
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:IMD has been successfully added to your 
