GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) » Definitions » LT-Debt-to-Total-Asset

Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Aeroporto Guglielmo Marconi di Bologna 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. Aeroporto Guglielmo Marconi di Bologna SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

Aeroporto Guglielmo Marconi di Bologna SpA's long-term debt to total assets ratio declined from Dec. 2022 (0.14) to Dec. 2023 (0.06). It may suggest that Aeroporto Guglielmo Marconi di Bologna SpA is progressively becoming less dependent on debt to grow their business.


Aeroporto Guglielmo Marconi di Bologna SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aeroporto Guglielmo Marconi di Bologna 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.

Aeroporto Guglielmo Marconi di Bologna SpA LT-Debt-to-Total-Asset Chart

Aeroporto Guglielmo Marconi di Bologna 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 Premium Member Only Premium Member Only 0.05 0.24 0.21 0.14 0.06

Aeroporto Guglielmo Marconi di Bologna 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.13 0.11 0.08 0.06

Aeroporto Guglielmo Marconi di Bologna SpA LT-Debt-to-Total-Asset Calculation

Aeroporto Guglielmo Marconi di Bologna 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 )
=21.399/338.082
=0.06

Aeroporto Guglielmo Marconi di Bologna 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 )
=21.399/338.082
=0.06

* 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.


Aeroporto Guglielmo Marconi di Bologna SpA  (MIL:ADB) 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.


Aeroporto Guglielmo Marconi di Bologna SpA LT-Debt-to-Total-Asset Related Terms

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


Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Business Description

Traded in Other Exchanges
Address
Via Triumvirato 84, Bologna, ITA, 40132
Aeroporto Guglielmo Marconi di Bologna SpA is engaged in the airport operations. It operates with three business units Aviation, Non-Aviation, and Other. Aviation unit is responsible for providing security services, information to the public and airport users, development of the airport infrastructure and service to passengers whereas Non-Aviation unit is concern about parking management, retail sub-concessions, advertising, passenger services and real estate management areas. The group generates revenue through Carriers, Airport Operators, Traffic incentives and Construction Services.

Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Headlines

No Headlines