Vinci (VCISY) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Vinci 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. Vinci's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

Vinci's long-term debt to total assets ratio increased from Dec. 2022 (0.23) to Dec. 2023 (0.23). It may suggest that Vinci is progressively becoming more dependent on debt to grow their business.

Vinci LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vinci'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.

Vinci LT-Debt-to-Total-Asset Chart

Vinci Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.30

0.31

0.26

0.23

Vinci Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.24	0.23	0.23	0.23

Vinci LT-Debt-to-Total-Asset Calculation

Vinci'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 )
	=	29997.819	/	129288.986
	=	0.23

Vinci'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 )
	=	29997.819	/	129288.986
	=	0.23

Vinci (OTCPK:VCISY) 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.

Vinci LT-Debt-to-Total-Asset Related Terms

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

Vinci (VCISY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vinci SA (OTCPK:VCISY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VCISF:USA DGp:UK 0NQM:UK DG:France SQU:Germany

Address

1973, Boulevard de la Defense, CS 10268, Nanterre Cedex, Paris, FRA, 92757

Website

https://www.vinci.com

Vinci is one of the world's largest investors in transport infrastructure. Significant concession assets include 4,400 kilometers of toll roads in France and 72 airports across 13 countries, making Vinci the world's largest airport operator in terms of managed passenger numbers. The concession's business contributes less than one fifth of group revenue but the majority of operating profit. Vinci's contracting business provides a broad variety of engineering and construction services.

Vinci (VCISY) Headlines

From GuruFocus

Looking for value in CAC40

By Chandan Dubey Chandan Dubey • 04-29-2012

Bernard Horn Comments on VINCI SA

By Holly LaFon Holly LaFon • 04-21-2017