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.
GM Leather SpAMIL:GML 64 Equity-to-Asset is 0.24 as of Dec. 2025, which is at its 10-year median of 0.24. GuruFocus rates MIL:GML with a GF Score™ of 64/100 and a GF Value™ of €1.21 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, GM Leather SpA ranks worse than 86.49% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GM Leather SpA's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €13.55 Mil. GM Leather SpA's Total Assets for the quarter that ended in Dec. 2025 was €55.78 Mil.
Therefore, GM Leather SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.24.
The historical rank and industry rank for GM Leather SpA's Equity-to-Asset or its related term are showing as below:
MIL:GML'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.24 Max: 0.31
Current: 0.24
During the past 6 years, the highest Equity to Asset Ratio of GM Leather SpA was 0.31. The lowest was 0.18. And the median was 0.24.
MIL:GML's Equity-to-Asset is ranked worse than 86.49% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.55
vs MIL:GML: 0.24
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%.
GM Leather SpA Equity-to-Asset Related Terms
GM Leather SpA Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for GM Leather 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.
For the Textile Manufacturing subindustry, GM Leather 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.
GM Leather SpA Equity-to-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GM Leather SpA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where GM Leather SpA's Equity-to-Asset falls into.
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.
GM Leather SpA's Equity to Asset Ratio for the fiscal year 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.
GM Leather SpA (MIL:GML) has a Equity-to-Asset of 0.24 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on GM Leather SpA and its competitors. This is near median its historical median of 0.24. Over the past decade, GM Leather SpA's Equity-to-Asset has ranged from 0.18 to 0.31. According to the industry distribution chart, GM Leather SpA ranks #922 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.5%.
Is GM Leather SpA's Equity-to-Asset too high?
GM Leather SpA's current Equity-to-Asset of 0.24 is near median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.31. The Manufacturing - Apparel & Accessories industry median Equity-to-Asset is 0.55. GM Leather SpA's value of 0.24 is 56.4% below this industry median. Based on the distribution chart, GM Leather SpA ranks #922 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, GM Leather SpA has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GM Leather SpA's Equity-to-Asset compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, GM Leather SpA ranks #922 out of 1066 companies for Equity-to-Asset. This places GM Leather SpA in the lower half of its industry. The industry median Equity-to-Asset is 0.55. GM Leather SpA's value of 0.24 is 56.4% below this benchmark. Historically, GM Leather SpA's own Equity-to-Asset has ranged from 0.18 to 0.31 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.55, GM Leather 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 Equity-to-Asset for a Manufacturing - Apparel & Accessories company?
The median Equity-to-Asset among Manufacturing - Apparel & Accessories companies is 0.55, based on 1,066 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. GM Leather SpA's current Equity-to-Asset of 0.24 is 56.4% 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 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 GM Leather SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GM Leather SpA's current Equity-to-Asset is 0.24, which is near median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GM Leather SpA stock overvalued right now?
Based on GuruFocus' analysis, GM Leather SpA (MIL:GML) is currently considered Possible Value Trap. The stock's GF Value™ is €1.21, compared to a current price of €0.71 — trading 41.3% below its estimated fair value. The current Equity-to-Asset is 0.24, which is near median its 10-year median of 0.24 and 56.4% below the Manufacturing - Apparel & Accessories industry median of 0.55. GM Leather SpA's overall GF Score™ is 64/100 with 9 warning signs to review. 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 GM Leather SpA (MIL:GML), the current Equity-to-Asset is 0.24 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 GM Leather SpA (MIL:GML) Overvalued in 2026?
Based on GuruFocus' analysis, GM Leather SpA stock appears to be undervalued.
The current stock price of €0.71 is trading 41.3% below its estimated GF Value™ of €1.21.
GuruFocus considers GM Leather SpA to be Possible Value Trap.
Key valuation signals for MIL:GML:
Equity-to-Asset: 0.24 (near median its 10-year median of 0.24)
GF Value™: €1.21 vs. price of €0.71 (41.3% below fair value)
Industry Position: 56.4% below the Manufacturing - Apparel & Accessories median (#922 of 1066)
No single metric tells the full story. See the MIL:GML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GM Leather SpA engages in the treatment, processing, and marketing of bovine leather. Its products are predominantly intended for the furniture, leather goods, and footwear industries. Geographically, the company derives its maximum revenue from non-EU countries followed by Italy and EU countries.
64GF Score
Get the complete analysis for MIL:GML
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:GML has been successfully added to your 
