Cy4gate SpA (MIL:CY4) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2023)

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What is Cy4gate 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. Cy4gate SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.11.

Cy4gate SpA's long-term debt to total assets ratio increased from Dec. 2022 (0.08) to Dec. 2023 (0.11). It may suggest that Cy4gate SpA is progressively becoming more dependent on debt to grow their business.

Cy4gate SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cy4gate 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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Cy4gate SpA LT-Debt-to-Total-Asset Chart

Cy4gate SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.01

0.04

0.08

0.11

Cy4gate SpA Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.04	0.09	0.08	0.10	0.11

Cy4gate SpA LT-Debt-to-Total-Asset Calculation

Cy4gate 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 )
	=	18.944	/	178.848
	=	0.11

Cy4gate 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 )
	=	18.944	/	178.848
	=	0.11

Cy4gate SpA (MIL:CY4) 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.

Cy4gate SpA LT-Debt-to-Total-Asset Related Terms

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Cy4gate SpA (MIL:CY4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cy4gate SpA (MIL:CY4) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

68H:Germany

Address

Via Coponia 8, Rome, ITA, 00131

Website

https://www.cy4gate.com

Cy4gate SpA is engaged in developing and selling cyber intelligence and cyber security products. It has two main business lines: the division Cyber Intelligence and the Cybersecurity division, dividing its offer between products and services in both business lines. Specifically, Cyber Intelligence is composed of Decision intelligence propriety products and Forensic Intelligence and Data Analysis products. The Cybersecurity division is composed of the development of products and technologies for Cybersecurity and Cybersecurity consultation, training, and services.

Cy4gate SpA (MIL:CY4) Headlines

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