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Vimi Fasteners SpA (MIL:VIM) Liabilities-to-Assets : 0.60 (As of Jun. 2024)


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What is Vimi Fasteners 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. Vimi Fasteners SpA's Total Liabilities for the quarter that ended in Jun. 2024 was €47.21 Mil. Vimi Fasteners SpA's Total Assets for the quarter that ended in Jun. 2024 was €78.99 Mil. Therefore, Vimi Fasteners SpA's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.60.


Vimi Fasteners SpA Liabilities-to-Assets Historical Data

The historical data trend for Vimi Fasteners 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.

Vimi Fasteners SpA Liabilities-to-Assets Chart

Vimi Fasteners SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.55 0.51 0.59 -

Vimi Fasteners SpA Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.61 0.59 0.60 -

Competitive Comparison of Vimi Fasteners SpA's Liabilities-to-Assets

For the Tools & Accessories subindustry, Vimi Fasteners 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.


Vimi Fasteners SpA's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vimi Fasteners SpA's Liabilities-to-Assets distribution charts can be found below:

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


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Vimi Fasteners 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.

Vimi Fasteners SpA's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=45.183/76.532
=0.59

Vimi Fasteners SpA's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=47.214/78.991
=0.60

* 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.


Vimi Fasteners SpA  (MIL:VIM) 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.


Vimi Fasteners SpA Liabilities-to-Assets Related Terms

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Vimi Fasteners SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Labriola, 19, Reggio Emilia, Novellara, ITA, 42017
Vimi Fasteners SpA is an Italian company that manufactures and markets fasteners and mechanical components for the automotive, industrial engine, agricultural infrastructure, oil and gas, and renewable energy sectors. The different products offered by the company include connecting rod screws, screws and studs for braking systems, turbocharger screws and shafts, pins, wheel hubs, and others. Geographically, the company generates maximum revenue from the European Union (EU) countries, followed by Italy, the United States and Canada, and other regions.

Vimi Fasteners SpA Headlines

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