Acinque SpA (FRA:YA2) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Acinque 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. Acinque SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

Acinque SpA's long-term debt to total assets ratio increased from Dec. 2022 (0.09) to Dec. 2023 (0.14). It may suggest that Acinque SpA is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Acinque 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.

* Premium members only.

Acinque SpA LT-Debt-to-Total-Asset Chart

Acinque SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.09

0.14

Acinque SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.10	-	0.06	0.14

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

Acinque 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 )
	=	148.785	/	1074.896
	=	0.14

Acinque SpA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	148.785	/	1074.896
	=	0.14

Acinque SpA (FRA:YA2) 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.

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

Thank you for viewing the detailed overview of Acinque SpA's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Acinque SpA (FRA:YA2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Acinque SpA (FRA:YA2) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AC5:Italy

Address

Via Pietro Stazzi, 2, Como, ITA, 22100

Website

https://www.acinque.it

Acinque SpA is an Italy-based company, engaged in public utility services. It operates in four sectors namely water, electricity and gas distribution, electricity and gas sales, urban hygiene and waste-to-energy and technologies, district heating, efficiency and smart city.

Acinque SpA (FRA:YA2) Headlines

No Headlines