Friends SpA (MIL:AMI) Equity-to-Asset: 0.92 (As of Dec. 2025) — 12% Above Median

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MIL:AMI Friends SpA MIL:AMI
9 GF Score
Price €1.53
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What is Friends SpA Equity-to-Asset?

Friends SpA MIL:AMI +3.38% 9 Equity-to-Asset is 0.92 as of Dec. 2025, which is 12% above its 10-year median of 0.82. GuruFocus rates MIL:AMI with a GF Score™ of 9/100. Among 1,023 Media - Diversified companies, Friends SpA ranks better than 96.87% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Friends SpA's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €13.80 Mil. Friends SpA's Total Assets for the quarter that ended in Dec. 2025 was €14.97 Mil.

The historical rank and industry rank for Friends SpA's Equity-to-Asset or its related term are showing as below:

MIL:AMI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.82   Max: 0.92
Current: 0.92

During the past 2 years, the highest Equity to Asset Ratio of Friends SpA was 0.92. The lowest was 0.71. And the median was 0.82.

MIL:AMI's Equity-to-Asset is ranked better than
96.87% of 1023 companies
in the Media - Diversified industry
Industry Median: 0.51 vs MIL:AMI: 0.92

Friends SpA  (MIL:AMI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Friends SpA Equity-to-Asset Related Terms


Friends SpA Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Friends SpA's Equity-to-Asset 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.

Friends SpA Equity-to-Asset Chart

Friends SpA Annual Data
Trend Dec24 Dec25
Equity-to-Asset
0.71 0.92

Friends SpA Semi-Annual Data
Dec24 Jun25 Dec25
Equity-to-Asset 0.71 0.28 0.92

MIL:AMI vs NFLX, DIS, WBD: Equity-to-Asset Comparison

For the Entertainment subindustry, Friends SpA's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Friends SpA Equity-to-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Friends SpA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Friends SpA's Equity-to-Asset falls into.


MIL:AMI
9GF Score
Friends SpA MIL:AMI
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Friends SpA Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Friends SpA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=13.804/14.971
=

Friends SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=13.804/14.971
=

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.92 mean?
Friends SpA (MIL:AMI) has a Equity-to-Asset of 0.92 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Friends SpA and its competitors. This is 12% above median its historical median of 0.82. Over the past decade, Friends SpA's Equity-to-Asset has ranged from 0.71 to 0.92. According to the industry distribution chart, Friends SpA ranks #32 out of 1023 companies in the Media - Diversified industry, placing it in the top 3.1%.
Is Friends SpA's Equity-to-Asset too high?
Friends SpA's current Equity-to-Asset of 0.92 is 12% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 0.92. The Media - Diversified industry median Equity-to-Asset is 0.51. Friends SpA's value of 0.92 is 80.4% above this industry median. Based on the distribution chart, Friends SpA ranks #32 out of 1023 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Friends SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Friends SpA's Equity-to-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Friends SpA ranks #32 out of 1023 companies for Equity-to-Asset. This places Friends SpA in the top 3% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.51. Friends SpA's value of 0.92 is 80.4% above this benchmark. Historically, Friends SpA's own Equity-to-Asset has ranged from 0.71 to 0.92 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.51, Friends 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 Equity-to-Asset for a Media - Diversified company?
The median Equity-to-Asset among Media - Diversified companies is 0.51, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Friends SpA's current Equity-to-Asset of 0.92 is 80.4% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Friends SpA and its competitors. For the Media - Diversified industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friends SpA's current Equity-to-Asset is 0.92, which is 12% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friends SpA stock overvalued right now?
Friends SpA (MIL:AMI) has a current Equity-to-Asset of 0.92. The current Equity-to-Asset is 0.92, which is 12% above median its 10-year median of 0.82 and 80.4% above the Media - Diversified industry median of 0.51. Friends SpA's overall GF Score™ is 9/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Friends SpA (MIL:AMI), the current Equity-to-Asset is 0.92 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.

Friends SpA Business Description

Address Via dei Sormani, 3, Milan, ITA, 20144
Friends SpA operates in the live music and events sector. It handles various activities, including concerts, sponsorships, events, television productions, and multimedia. The company is currently organized into several divisions, each specialized and dedicated to different business sectors, pursuing corporate objectives and actively collaborating with each other, combining people and skills: Direction and Management, Concerts, Events & TV, Production, Management, Artist Management, Creative Division, Ticketing, Promotion & Digital Marketing.
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