d'Amico International Shipping (MIL:DIS) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2024)

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What is d'Amico International Shipping 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. d'Amico International Shipping's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.21.

d'Amico International Shipping's long-term debt to total assets ratio declined from Dec. 2023 (0.29) to Dec. 2024 (0.21). It may suggest that d'Amico International Shipping is progressively becoming less dependent on debt to grow their business.

d'Amico International Shipping LT-Debt-to-Total-Asset Historical Data

The historical data trend for d'Amico International Shipping'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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d'Amico International Shipping LT-Debt-to-Total-Asset Chart

d'Amico International Shipping Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.52

0.50

0.40

0.29

0.21

d'Amico International Shipping 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															0.29	0.26	0.25	0.22	0.21

d'Amico International Shipping LT-Debt-to-Total-Asset Calculation

d'Amico International Shipping'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 )
	=	213.886	/	1007.112
	=	0.21

d'Amico International Shipping's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	213.886	/	1007.112
	=	0.21

d'Amico International Shipping (MIL:DIS) 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.

d'Amico International Shipping LT-Debt-to-Total-Asset Related Terms

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d'Amico International Shipping Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » d'Amico International Shipping SA (MIL:DIS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DMCOF:USA DISm:UK 0OEY:UK B7C0:Germany

Address

25C Boulevard Royal, 11th Floor, Luxembourg, LUX, 2449

Website

https://www.damicointernationalshipping.com

d'Amico International Shipping SA is an international marine transportation company. The company provides transportation services for refined petroleum products and vegetable oil. It operates a flexible fleet of product/chemical tankers. The product tankers transport refined oil products through various double-hulled vessels. The company serves oil companies and trading houses. Geographically the activities are performed throughout Luxembourg.