Fincantieri SpA (FRA:1F80) LT-Debt-to-Total-Asset : 0.18 (As of Jun. 2024)

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What is Fincantieri 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. Fincantieri SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.18.

Fincantieri SpA's long-term debt to total assets ratio increased from Jun. 2023 (0.13) to Jun. 2024 (0.18). It may suggest that Fincantieri SpA is progressively becoming more dependent on debt to grow their business.

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

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

Fincantieri SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.24

0.21

0.15

0.19

Fincantieri SpA Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.13	0.19	0.18	-

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

Fincantieri 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 )
	=	1683.085	/	8710.046
	=	0.19

Fincantieri 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 )
	=	1598.07	/	8830.744
	=	0.18

Fincantieri SpA (FRA:1F80) 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.

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

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Fincantieri SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fincantieri SpA (FRA:1F80) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FNCNF:USA FCT:Italy FCTm:UK 0QWN:UK

Address

Via Genova No 1, Trieste, ITA, 34121

Website

https://www.fincantieri.com

Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: Shipbuilding encompassing the Cruise Ships, Naval Vessels, and the Accommodation Cluster business areas; Offshore and Specialized vessels encompassing the design and construction of offshore support vessels for offshore wind farms and the oil & gas industry; and Equipment, Systems, and Infrastructure includes Electronics Cluster, Mechatronics Cluster, and Infrastructure Clusterbusiness area. It generates the majority of its revenue from the Shipbuilding segment.

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