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Mit Sim SpA (MIL:MTS) Liabilities-to-Assets : 0.34 (As of Dec. 2023)


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What is Mit Sim SpA Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Mit Sim SpA's Total Liabilities for the quarter that ended in Dec. 2023 was €1.43 Mil. Mit Sim SpA's Total Assets for the quarter that ended in Dec. 2023 was €4.18 Mil. Therefore, Mit Sim SpA's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.34.


Mit Sim SpA Liabilities-to-Assets Historical Data

The historical data trend for Mit Sim SpA's Liabilities-to-Assets 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.

* Premium members only.

Mit Sim SpA Liabilities-to-Assets Chart

Mit Sim SpA Annual Data
Trend Mar19 Mar20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.03 0.13 0.15 0.28 0.34

Mit Sim SpA Semi-Annual Data
Mar19 Mar20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 0.15 0.27 0.28 0.29 0.34

Competitive Comparison of Mit Sim SpA's Liabilities-to-Assets

For the Asset Management subindustry, Mit Sim SpA's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Mit Sim SpA's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mit Sim SpA's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Mit Sim SpA's Liabilities-to-Assets falls into.



Mit Sim SpA Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Mit Sim SpA's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1.427/4.176
=0.34

Mit Sim SpA's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1.427/4.176
=0.34

* 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.


Mit Sim SpA  (MIL:MTS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Mit Sim SpA Liabilities-to-Assets Related Terms

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Mit Sim SpA Business Description

Traded in Other Exchanges
N/A
Address
Corso Venezia 16, Serbelloni Palace, Milan, ITA, 20121
Mit Sim SpA is involved in Specialist activities, Order Reception and Transmission Activities, Placement Activities, and Euronext Growth Advisor Activities.

Mit Sim SpA Headlines

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