Industrie De Nora spa (CHIX:DNRM) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

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What is Industrie De Nora spa 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. Industrie De Nora spa's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

Industrie De Nora spa's long-term debt to total assets ratio declined from Mar. 2023 (0.11) to Mar. 2024 (0.10). It may suggest that Industrie De Nora spa is progressively becoming less dependent on debt to grow their business.

Industrie De Nora spa LT-Debt-to-Total-Asset Historical Data

The historical data trend for Industrie De Nora spa'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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Industrie De Nora spa LT-Debt-to-Total-Asset Chart

Industrie De Nora spa Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.44

0.20

0.21

0.10

Industrie De Nora spa Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.11	0.11	0.10	0.10	0.10

Industrie De Nora spa LT-Debt-to-Total-Asset Calculation

Industrie De Nora spa'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 )
	=	133.716	/	1332.009
	=	0.10

Industrie De Nora spa's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	135.478	/	1337.855
	=	0.10

Industrie De Nora spa (CHIX:DNRm) 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.

Industrie De Nora spa LT-Debt-to-Total-Asset Related Terms

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Industrie De Nora spa (CHIX:DNRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Industrie De Nora spa (CHIX:DNRm) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DNR:Italy M3D:Germany

Address

Via Leonardo Bistolfi, 35, Milan, ITA, 20134

Website

https://www.denora.com

Industrie De Nora spa manufactures and distributes chemicals. The Group is organized into three business segments: the Electrode Technologies business. Energy Transition business and the Water Technologies business. Electrode Technologies segment earns the majority of companies revenues.

Industrie De Nora spa (CHIX:DNRM) Headlines

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