Wiit S.p.A.

Milan Stock Exchange WIIT.MI

Wiit S.p.A. Debt to Equity Ratio for the year ending December 31, 2023: 6.99

Wiit S.p.A. Debt to Equity Ratio is 6.99 for the year ending December 31, 2023, a 34.10% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Wiit S.p.A. Debt to Equity Ratio for the year ending December 31, 2022 was 5.21, a 23.12% change year over year.
Wiit S.p.A. Debt to Equity Ratio for the year ending December 31, 2021 was 4.24, a -36.37% change year over year.
Wiit S.p.A. Debt to Equity Ratio for the year ending December 31, 2020 was 6.66, a 551.36% change year over year.
Wiit S.p.A. Debt to Equity Ratio for the year ending December 31, 2019 was 1.02, a 31.50% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Milan Stock Exchange: WIIT.MI

Wiit S.p.A.

CEO	Mr. Alessandro Cozzi
IPO Date	June 7, 2017
Location	Italy
Headquarters	Via dei Mercanti No.12
Employees	641
Sector	Communication Services
Industries Cloud Servers Cybersecurity Defense & Military Enterprise Resource Planning (ERP) Fintech Internet Services & Media Professional Services Software-as-a-Service (SaaS)

Description

Wiit S.p.A. provides cloud services for various businesses in Italy and internationally. It offers hybrid, hosted private, and public cloud services; cloud services for critical applications; business continuity and disaster recovery services; cyber security services; technology migration programs; digital business transformation services; and services desk and desktop management solutions, as well as infrastructure configuration, management, and control services. The company was founded in 2001 and is headquartered in Milan, Italy. Wiit S.p.A. is a subsidiary of Wiit Fin S.r.l.

Key trends

Past 5 years