ECNLF (Aquafil SpA) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Aquafil 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. Aquafil SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Aquafil SpA's long-term debt to total assets ratio declined from Dec. 2023 (0.44) to Dec. 2024 (0.01). It may suggest that Aquafil SpA is progressively becoming less dependent on debt to grow their business.

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

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

Aquafil SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.52

0.39

0.44

0.01

Aquafil SpA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.44	-	-	0.01	0.01

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

Aquafil SpA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	4.086	/	686.134
	=	0.01

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	4.086	/	686.134
	=	0.01

Aquafil SpA (OTCPK:ECNLF) 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.

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

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Aquafil SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aquafil SpA (OTCPK:ECNLF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ECNL:Italy 0ROH:UK

Address

Via Linfano, 9, Arco, Trento, ITA, 38062

Website

https://www.aquafil.com

Aquafil SpA is engaged in the business of manufacturing polyamides. It produces and sells fibers and polymers, principally polyamide 6, scale through the: BCF Product Line (carpet fibers), or synthetic yarns mainly intended for the textile flooring sector and used in contract segments (hotels, airports, offices, etc.), residential buildings and the automotive market; NTF Product Line (clothing fibers), or synthetic yarns mainly intended for the clothing sector (sportswear, classic, technical or specialist apparel); Polymers Product Line, or plastic raw materials, mainly targeting the engineering plastics sector for subsequent use in the molding industry. Its products are also sold on the market under the ECONYL brand.