CrowdFundMe SpA (MIL:CFM) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

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What is CrowdFundMe 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. CrowdFundMe SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

CrowdFundMe SpA's long-term debt to total assets ratio declined from Jun. 2023 (0.01) to Jun. 2024 (0.01). It may suggest that CrowdFundMe SpA is progressively becoming less dependent on debt to grow their business.

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

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

CrowdFundMe SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

CrowdFundMe SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									-	0.01	0.01	0.01	0.01

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

CrowdFundMe 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 )
	=	0.042	/	3.686
	=	0.01

CrowdFundMe 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 )
	=	0.021	/	3.594
	=	0.01

CrowdFundMe SpA (MIL:CFM) 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.

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

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CrowdFundMe SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CrowdFundMe SpA (MIL:CFM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Legnano 28, Milan, ITA, 20121

Website

https://www.crowdfundme.it

CrowdFundMe SpA is engaged in the management of an equity financing platform. The platform allows start-ups and small and medium-sized companies to diversify their types of investors, thus offering private and professional investors the opportunity to invest in these companies.

CrowdFundMe SpA Headlines

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