Intred SpA (MIL:ITD) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Intred 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. Intred SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

Intred SpA's long-term debt to total assets ratio increased from Dec. 2022 (0.12) to Dec. 2023 (0.16). It may suggest that Intred SpA is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Intred 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.

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

Intred SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.09

0.04

0.12

0.16

Intred SpA Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.04	0.11	0.12	0.19	0.16

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

Intred SpA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	21.349	/	133.298
	=	0.16

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

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	21.349	/	133.298
	=	0.16

Intred SpA (MIL:ITD) 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.

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

Thank you for viewing the detailed overview of Intred SpA's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Intred SpA (MIL:ITD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Intred SpA (MIL:ITD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Pietro Tamburini 1, Brescia, ITA, 25136

Website

https://www.intred.it

Intred SpA provides telecommunication and internet services. The company offers internet, internet and telephone, phone and datacenter services.

Intred SpA (MIL:ITD) Headlines

No Headlines