VNE SpA (MIL:VNE) Debt-to-Asset : 0.23 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is VNE SpA Debt-to-Asset?

VNE SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2.95 Mil. VNE SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €3.64 Mil. VNE SpA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was €28.93 Mil. VNE SpA's debt to asset for the quarter that ended in Jun. 2024 was 0.23.

VNE SpA Debt-to-Asset Historical Data

The historical data trend for VNE SpA's Debt-to-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.

VNE SpA Debt-to-Asset Chart

VNE SpA Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.39

0.34

0.27

VNE SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	0.39	0.34	-	0.27	0.23

Competitive Comparison of VNE SpA's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, VNE SpA's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

VNE SpA's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, VNE SpA's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where VNE SpA's Debt-to-Asset falls into.

VNE SpA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

VNE SpA's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.586	+	5.272)	/	29.62
	=	0.27

VNE SpA's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.947	+	3.643)	/	28.926
	=	0.23

VNE SpA (MIL:VNE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

VNE SpA Debt-to-Asset Related Terms

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

VNE SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » VNE SpA (MIL:VNE) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047

Website

https://www.vne.it

VNE SpA produces hardware and software for the management of banknotes, coins and more generally payments and transactions through cash and cashless systems, offering a wide range of customized products and boasting a production of over 7,000 machines a year. It creates, samples and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket and wherever there is a need to manage payments or automated transactions.