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Kaleon SPAMIL:KLN 18 Debt-to-Equity is 0.18 as of Dec. 2025, which is 91% below its 10-year median of 2.05. GuruFocus rates MIL:KLN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 719 Travel & Leisure companies, Kaleon SPA ranks better than 70.51% 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.
The historical rank and industry rank for Kaleon SPA's Debt-to-Equity or its related term are showing as below:
MIL:KLN'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 2.05 Max: 2.98
Current: 0.18
During the past 3 years, the highest Debt-to-Equity Ratio of Kaleon SPA was 2.98. The lowest was 0.18. And the median was 2.05.
MIL:KLN's Debt-to-Equity is ranked better than 70.51% of 719
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs MIL:KLN: 0.18
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.
Kaleon SPA Debt-to-Equity Related Terms
Kaleon SPA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Kaleon 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.
Kaleon SPA Debt-to-Equity Chart
Kaleon SPA Annual Data
Trend
Dec23
Dec24
Dec25
Debt-to-Equity
2.98
2.05
0.18
Kaleon SPA Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Debt-to-Equity
2.98
N/A
2.05
1.79
0.18
MIL:KLN vs BKNG, ABNB, RCL: Debt-to-Equity Comparison
For the Travel Services subindustry, Kaleon 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.
Kaleon SPA Debt-to-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Kaleon SPA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Kaleon 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.
Kaleon SPA (MIL:KLN) has a Debt-to-Equity of 0.18 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kaleon SPA and its competitors. This is 91% below median its historical median of 2.05. Over the past decade, Kaleon SPA's Debt-to-Equity has ranged from 0.18 to 2.98. According to the industry distribution chart, Kaleon SPA ranks #212 out of 719 companies in the Travel & Leisure industry, placing it in the top 29.5%.
Is Kaleon SPA's Debt-to-Equity too high?
Kaleon SPA's current Debt-to-Equity of 0.18 is 91% below median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 2.98. The Travel & Leisure industry median Debt-to-Equity is 0.43. Kaleon SPA's value of 0.18 is 58.1% below this industry median. Based on the distribution chart, Kaleon SPA ranks #212 out of 719 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Kaleon SPA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Kaleon SPA's Debt-to-Equity compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Kaleon SPA ranks #212 out of 719 companies for Debt-to-Equity. This puts Kaleon SPA in the upper half of its industry. The industry median Debt-to-Equity is 0.43. Kaleon SPA's value of 0.18 is 58.1% below this benchmark. Historically, Kaleon SPA's own Debt-to-Equity has ranged from 0.18 to 2.98 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 0.43, Kaleon 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 Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 719 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. Kaleon SPA's current Debt-to-Equity of 0.18 is 58.1% 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 Kaleon SPA and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaleon SPA's current Debt-to-Equity is 0.18, which is 91% below median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaleon SPA stock overvalued right now?
Kaleon SPA (MIL:KLN) has a current Debt-to-Equity of 0.18. The current Debt-to-Equity is 0.18, which is 91% below median its 10-year median of 2.05 and 58.1% below the Travel & Leisure industry median of 0.43. Kaleon SPA's overall GF Score™ is 18/100 with 2 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 Kaleon SPA (MIL:KLN), the current Debt-to-Equity is 0.18 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.
Kaleon SPA is a company specialized in the operational, administrative, and marketing management of both proprietary and third-parties' prominent cultural and tourist sites. It directly oversees the activities of the Terre Borromeo, the brand which identifies the portfolio of cultural and natural sites historically linked to the Borromeo Family located in the Lake Maggiore area. These include iconic destinations such as Isola Bella, Isola Madre, Rocca di Angera, Parco Pallavicino, Parco del Mottarone and Castelli di Cannero, blending culture, nature, and art with an extensive range of services (i.e., hospitality and leisure services) to offer visitors a full and memorable experience.
18GF Score
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