Euro Group Laminations SpA (FRA:QK9) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2024)

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What is Euro Group Laminations 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. Euro Group Laminations SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.19.

Euro Group Laminations SpA's long-term debt to total assets ratio increased from Dec. 2023 (0.15) to Dec. 2024 (0.19). It may suggest that Euro Group Laminations SpA is progressively becoming more dependent on debt to grow their business.

Euro Group Laminations SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Euro Group Laminations 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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Euro Group Laminations SpA LT-Debt-to-Total-Asset Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.28

0.23

0.21

0.15

0.19

Euro Group Laminations SpA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.21	0.17	0.15	0.21	0.19

Euro Group Laminations SpA LT-Debt-to-Total-Asset Calculation

Euro Group Laminations 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 )
	=	244.149	/	1316.262
	=	0.19

Euro Group Laminations 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 )
	=	244.149	/	1316.262
	=	0.19

Euro Group Laminations SpA (FRA:QK9) 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.

Euro Group Laminations SpA LT-Debt-to-Total-Asset Related Terms

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Euro Group Laminations SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (FRA:QK9) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EGLA:Italy QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors for rotating electrical machines and large electric motors. The group is organized into two operating segments; the EV and Automotive segment which derives maximum revenue, represents the sale of rotors and stators used in electric vehicle traction systems, as well as in non-drive applications in automobiles. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. Geographically, the company derives a majority of its revenue from Italy and the rest from Mexico, the United States, China, and other regions.

Euro Group Laminations SpA Headlines

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