Cloudia Research SpA (MIL:AGAIN) LT-Debt-to-Total-Asset : 0.11 (As of Jun. 2024)

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What is Cloudia Research 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. Cloudia Research SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.11.

Cloudia Research SpA's long-term debt to total assets ratio declined from Jun. 2023 (0.21) to Jun. 2024 (0.11). It may suggest that Cloudia Research SpA is progressively becoming less dependent on debt to grow their business.

Cloudia Research SpA LT-Debt-to-Total-Asset Historical Data

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

Cloudia Research SpA Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.39

0.20

0.26

Cloudia Research SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.20	0.21	0.26	0.11

Cloudia Research SpA LT-Debt-to-Total-Asset Calculation

Cloudia Research 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 )
	=	2.01	/	7.827
	=	0.26

Cloudia Research 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 )
	=	1.262	/	11.347
	=	0.11

Cloudia Research SpA (MIL:AGAIN) 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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Cloudia Research SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cloudia Research SpA (MIL:AGAIN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Ettore Ciccotti 3, Milano, ITA, 20161

Website

https://www.cloudiaresearch.com

Cloudia Research SpA operates in the IT sector, providing services aimed at the digital transformation of business activity. It is engaged in digital transformation process, designing and providing innovative and customized solutions that allows to implement automated and interconnected IT management systems, which replace previous systems, improving operational efficiency and competitiveness.

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