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Italcementi SpA (Italcementi SpA) LT-Debt-to-Total-Asset : 0.19 (As of Jun. 2016)


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What is Italcementi SpA LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Italcementi SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2016 was 0.19.

Italcementi SpA's long-term debt to total assets ratio declined from Mar. 2015 (3.47) to Jun. 2016 (0.19). It may suggest that Italcementi SpA is progressively becoming less dependent on debt to grow their business.


Italcementi SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Italcementi SpA's LT-Debt-to-Total-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.

* Premium members only.

Italcementi SpA LT-Debt-to-Total-Asset Chart

Italcementi SpA Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.23 0.26 0.26 0.24

Italcementi SpA Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.47 0.26 - 0.24 0.19

Italcementi SpA LT-Debt-to-Total-Asset Calculation

Italcementi SpA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (A: Dec. 2015 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2015 )/Total Assets (A: Dec. 2015 )
=2282.71/9377.077
=0.24

Italcementi SpA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

LT Debt to Total Assets (Q: Jun. 2016 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2016 )/Total Assets (Q: Jun. 2016 )
=1751.078/9026.333
=0.19

* 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.


Italcementi SpA  (OTCPK:ITABF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Italcementi SpA LT-Debt-to-Total-Asset Related Terms

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Italcementi SpA (Italcementi SpA) Business Description

Traded in Other Exchanges
N/A
Address
Italcementi SpA was incorporated in 1864. It is a cement manufacturing company. The Company engages in manufacturing and distributing of three main product lines, including cement, aggregates, and ready mixed concrete. The Company's business segments are operations relating to the production and sale of cement and clinker; operations relating to construction materials: ready mixed concrete and aggregates and other operations such as: transport, engineering, e-business and energy. The Company operates its business in Albania, Belgium, Bulgaria, Canada, Cyprus, Egypt, France, Gambia, Greece, India, Italy, Kazakhstan, Morocco, Mauritania, Spain, Sri Lanka, Thailand, Turkey, and the United States.

Italcementi SpA (Italcementi SpA) Headlines

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