Fiera Milano SpA (LTS:0EGH) LT-Debt-to-Total-Asset : 0.46 (As of Sep. 2024)

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What is Fiera Milano 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. Fiera Milano SpA's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.46.

Fiera Milano SpA's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.46). It may suggest that Fiera Milano SpA is progressively becoming more dependent on debt to grow their business.

Fiera Milano SpA LT-Debt-to-Total-Asset Historical Data

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

Fiera Milano SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.62

0.61

0.57

0.49

0.45

Fiera Milano 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															0.49	-	0.49	0.46	0.45

Fiera Milano SpA LT-Debt-to-Total-Asset Calculation

Fiera Milano 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 )
	=	294.456	/	658.665
	=	0.45

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	315.368	/	692.059
	=	0.46

Fiera Milano SpA (LTS:0EGH) 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.

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Fiera Milano SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Fiera Milano SpA (LTS:0EGH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FM:Italy FM3:Germany

Address

Strada Statale del Sempione, Rho, Milan, ITA, 28-20017

Website

https://www.fieramilano.it

Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, and Congresses. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions.

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