Spindox SpA (MIL:SPN) Equity-to-Asset: 0.24 (As of Jun. 2025) — 20% Above Median

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MIL:SPN Spindox SpA MIL:SPN
57 GF Score
Price €12.95
GF Value €10.82
! 8 Warning Signs
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What is Spindox SpA Equity-to-Asset?

Spindox SpA MIL:SPN 57 Equity-to-Asset is 0.24 as of Jun. 2025, which is 20% above its 10-year median of 0.20. GuruFocus rates MIL:SPN with a GF Score™ of 57/100 and a GF Value™ of €10.82. The stock has 8 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Spindox SpA's Total Stockholders Equity for the quarter that ended in Jun. 2025 was €17.8 Mil. Spindox SpA's Total Assets for the quarter that ended in Jun. 2025 was €75.5 Mil. Therefore, Spindox SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2025 was 0.24.

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

MIL:SPN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.2   Max: 0.24
Current: 0.24

During the past 6 years, the highest Equity to Asset Ratio of Spindox SpA was 0.24. The lowest was 0.07. And the median was 0.20.

MIL:SPN's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.56 vs MIL:SPN: 0.24

Spindox SpA  (MIL:SPN) 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%.


Spindox SpA Equity-to-Asset Related Terms


Spindox SpA Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Spindox 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.

Spindox SpA Equity-to-Asset Chart

Spindox SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial 0.12 0.24 0.17 0.17 0.23

Spindox SpA Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.17 0.20 0.23 0.24

MIL:SPN vs IBM, ACN, CTSH: Equity-to-Asset Comparison

For the Information Technology Services subindustry, Spindox 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.


Spindox SpA Equity-to-Asset vs Software Industry

For the Software industry and Technology sector, Spindox SpA's Equity-to-Asset distribution charts can be found below:

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


MIL:SPN
57GF Score
Spindox SpA MIL:SPN
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spindox 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.

Spindox SpA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=16.937/74.789
=0.23

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

Equity to Asset (Q: Jun. 2025 )=Total Stockholders Equity/Total Assets
=17.829/75.489
=0.24

* 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 0.24 mean?
Spindox SpA (MIL:SPN) has a Equity-to-Asset of 0.24 as of Jun. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Spindox SpA and its competitors. This is 20% above median its historical median of 0.20. Over the past decade, Spindox SpA's Equity-to-Asset has ranged from 0.07 to 0.24.
Is Spindox SpA's Equity-to-Asset too high?
Spindox SpA's current Equity-to-Asset of 0.24 is 20% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.24. The Software industry median Equity-to-Asset is 0.56. Spindox SpA's value of 0.24 is 57.1% below this industry median. Overall, Spindox SpA has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Spindox SpA's Equity-to-Asset compare to IBM and ACN?
Spindox SpA's Equity-to-Asset of 0.24 can be compared against companies in the Software industry. The industry median Equity-to-Asset is 0.56. Spindox SpA's value of 0.24 is 57.1% below this benchmark. Historically, Spindox SpA's own Equity-to-Asset has ranged from 0.07 to 0.24 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.56, Spindox 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,891 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. Spindox SpA's current Equity-to-Asset of 0.24 is 57.1% 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 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 Spindox SpA and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindox SpA's current Equity-to-Asset is 0.24, which is 20% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindox SpA stock overvalued right now?
Spindox SpA (MIL:SPN) has a current Equity-to-Asset of 0.24. The stock's GF Value™ is €10.82, compared to a current price of €12.95 — trading 19.7% above its estimated fair value. The current Equity-to-Asset is 0.24, which is 20% above median its 10-year median of 0.20 and 57.1% below the Software industry median of 0.56. Spindox SpA's overall GF Score™ is 57/100 with 8 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 Spindox SpA (MIL:SPN), the current Equity-to-Asset is 0.24 as of Jun. 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 Spindox SpA (MIL:SPN) Overvalued in 2026?

Based on GuruFocus' analysis, Spindox SpA stock appears to be overvalued. The current stock price of €12.95 is trading 19.7% above its estimated GF Value™ of €10.82.

Key valuation signals for MIL:SPN:

  • Equity-to-Asset: 0.24 (20% above median its 10-year median of 0.20)
  • GF Value™: €10.82 vs. price of €12.95 (19.7% above fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 57.1% below the Software median

No single metric tells the full story. See the MIL:SPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spindox SpA Business Description

Address via Bisceglie 76, Milan, ITA, 20152
Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.
57GF Score

Get the complete analysis for MIL:SPN

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

€12.95
Price
€10.82
GF Value