BRBOF (Brembo NV) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2024)

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What is Brembo NV 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. Brembo NV's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.15.

Brembo NV's long-term debt to total assets ratio increased from Sep. 2023 (0.14) to Sep. 2024 (0.15). It may suggest that Brembo NV is progressively becoming more dependent on debt to grow their business.

Brembo NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brembo NV'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.

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Brembo NV LT-Debt-to-Total-Asset Chart

Brembo NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.23

0.20

0.16

0.15

Brembo NV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.15	0.15	0.13	0.15

Brembo NV LT-Debt-to-Total-Asset Calculation

Brembo NV'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 )
	=	695.834	/	4551.655
	=	0.15

Brembo NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	724.415	/	4863.145
	=	0.15

Brembo NV (OTCPK:BRBOF) 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.

Brembo NV LT-Debt-to-Total-Asset Related Terms

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Brembo NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Brembo NV (OTCPK:BRBOF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BRE:Mexico BRE:Italy BREm:UK 0RPV:UK Y8O:Germany BRE2:Austria

Address

Via Stezzano 87, Bergamo, ITA, 24126

Website

https://www.brembo.com

Brembo NV develops braking solutions for automotive vehicles in the original equipment market and aftermarket. Its products include brake discs, calipers, and complete braking systems for cars and commercial vehicles, as well as for motorbikes. The company also provides brake components for the car aftermarket and groups its operations into two segments includes Discs-Systems-Motorbikes and Aftermarket-Performance Group.