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Culti Milano SpA (MIL:CULT) Liabilities-to-Assets : 0.71 (As of Jun. 2023)


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What is Culti Milano SpA Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Culti Milano SpA's Total Liabilities for the quarter that ended in Jun. 2023 was €18.61 Mil. Culti Milano SpA's Total Assets for the quarter that ended in Jun. 2023 was €26.08 Mil. Therefore, Culti Milano SpA's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.71.


Culti Milano SpA Liabilities-to-Assets Historical Data

The historical data trend for Culti Milano SpA's Liabilities-to-Assets 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.

Culti Milano SpA Liabilities-to-Assets Chart

Culti Milano SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial 0.15 0.14 0.26 0.37 0.34

Culti Milano SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.49 0.34 0.49 0.71

Competitive Comparison of Culti Milano SpA's Liabilities-to-Assets

For the Luxury Goods subindustry, Culti Milano SpA's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Culti Milano SpA's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Culti Milano SpA's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Culti Milano SpA's Liabilities-to-Assets falls into.



Culti Milano SpA Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Culti Milano SpA's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=6.203/18.177
=0.34

Culti Milano SpA's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=18.614/26.078
=0.71

* 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.


Culti Milano SpA  (MIL:CULT) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Culti Milano SpA Liabilities-to-Assets Related Terms

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Culti Milano SpA (MIL:CULT) Business Description

Traded in Other Exchanges
N/A
Address
Via Santa Sofia 27, Milan, ITA, 20122
Culti Milano SpA develops fragrances, cosmetics and home accessories designed for every area of the house. It offers diffusers, refills, home sprays, candles, complements such as car sachets, home sachets, and leather pochettes.

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