FinecoBank SpA (CHIX:FBKM) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2024)

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What is FinecoBank 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. FinecoBank SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.03.

FinecoBank SpA's long-term debt to total assets ratio stayed the same from Jun. 2023 (0.03) to Jun. 2024 (0.03).

FinecoBank SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for FinecoBank 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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FinecoBank SpA LT-Debt-to-Total-Asset Chart

FinecoBank SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.03

FinecoBank SpA Quarterly Data
	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.03	-	0.03	-

FinecoBank SpA LT-Debt-to-Total-Asset Calculation

FinecoBank 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 )
	=	870.646	/	33315.7
	=	0.03

FinecoBank SpA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	864.113	/	32781.77
	=	0.03

FinecoBank SpA (CHIX:FBKm) 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.

FinecoBank SpA LT-Debt-to-Total-Asset Related Terms

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FinecoBank SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FinecoBank SpA (CHIX:FBKm) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

FNBKY:USA FBK:Italy 0QVF:UK ZS3:Germany

Address

Piazza Durante, 11, Milan, ITA, 20131

Website

https://www.finecobank.com

FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.

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