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Industrie Chimiche Forestali SpA (MIL:ICF) Debt-to-Equity : 0.21 (As of Dec. 2023)


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What is Industrie Chimiche Forestali SpA Debt-to-Equity?

Industrie Chimiche Forestali SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €6.58 Mil. Industrie Chimiche Forestali SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €10.26 Mil. Industrie Chimiche Forestali SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €79.16 Mil. Industrie Chimiche Forestali SpA's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 Industrie Chimiche Forestali SpA's Debt-to-Equity or its related term are showing as below:

MIL:ICF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.27   Max: 0.58
Current: 0.21

During the past 7 years, the highest Debt-to-Equity Ratio of Industrie Chimiche Forestali SpA was 0.58. The lowest was 0.21. And the median was 0.27.

MIL:ICF's Debt-to-Equity is ranked better than
64.01% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs MIL:ICF: 0.21

Industrie Chimiche Forestali SpA Debt-to-Equity Historical Data

The historical data trend for Industrie Chimiche Forestali 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.

* Premium members only.

Industrie Chimiche Forestali SpA Debt-to-Equity Chart

Industrie Chimiche Forestali SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.42 0.25 0.27 0.23 0.21

Industrie Chimiche Forestali SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.26 0.23 0.26 0.21

Competitive Comparison of Industrie Chimiche Forestali SpA's Debt-to-Equity

For the Specialty Chemicals subindustry, Industrie Chimiche Forestali 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.


Industrie Chimiche Forestali SpA's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Industrie Chimiche Forestali SpA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Industrie Chimiche Forestali SpA's Debt-to-Equity falls into.



Industrie Chimiche Forestali SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Industrie Chimiche Forestali SpA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Industrie Chimiche Forestali SpA's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Industrie Chimiche Forestali SpA  (MIL:ICF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Industrie Chimiche Forestali SpA Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Industrie Chimiche Forestali SpA's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Industrie Chimiche Forestali SpA (MIL:ICF) Business Description

Traded in Other Exchanges
N/A
Address
Via Fratelli Kennedy, 75, Marcallo con Casone, Milano, ITA, 20010
Industrie Chimiche Forestali SpA is engaged in the design, production and marketing of high-tech adhesives and fabrics mainly for the following markets: footwear & leather goods, automotive and packaging.

Industrie Chimiche Forestali SpA (MIL:ICF) Headlines

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