Doxee SpA (MIL:DOX) LT-Debt-to-Total-Asset : 0.31 (As of Jun. 2023)

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What is Doxee 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. Doxee SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.31.

Doxee SpA's long-term debt to total assets ratio increased from Jun. 2022 (0.13) to Jun. 2023 (0.31). It may suggest that Doxee SpA is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Doxee 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.

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

Doxee SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.19

0.21

0.26

0.31

Doxee SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.21	0.13	0.26	0.31	0.31

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

Doxee SpA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	12.337	/	47.171
	=	0.26

Doxee SpA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	15.937	/	50.734
	=	0.31

Doxee SpA (MIL:DOX) 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.

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

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Doxee SpA (MIL:DOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Doxee SpA (MIL:DOX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale Virgilio, n. 48 / B, Modena, ITA

Website

https://www.doxee.com

Doxee SpA is an Italian software company. It offers customer communications management, digital customer experience, and dematerialization based on cloud technologies. The company's product lines include Document Experience which consists of the production and distribution of multi-channel and digital document storage; the Paperless Experience line includes electronic billing, standard digital preservation, electronic ordering, and other products; and the Interactive Experience line is engaged in production and distribution of interactive micro-sites and personalized videos. The firm offers products via software, platform, and on-premise form.