Enervit SpA (MIL:ENV) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is Enervit 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. Enervit SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Enervit SpA's long-term debt to total assets ratio declined from Dec. 2023 (0.13) to Dec. 2024 (0.07). It may suggest that Enervit SpA is progressively becoming less dependent on debt to grow their business.

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

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

Enervit SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.34

0.26

0.19

0.13

0.07

Enervit SpA Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.16	0.13	0.09	0.07

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

Enervit SpA'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 )
	=	4.879	/	67.455
	=	0.07

Enervit SpA'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 )
	=	4.879	/	67.455
	=	0.07

Enervit SpA (MIL:ENV) 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.

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

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Enervit SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Enervit SpA (MIL:ENV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale Achille Papa, 30, Milan, ITA, 20149

Website

http://www.enervit.com

Enervit SpA is engaged in the research, development, production, marketing, and export of sports food supplements and functional nutrition products. It manufactures and distributes products satisfying specific needs, both for those involved in sports at the professional level and their wellbeing. The company brands include Enervit Sport, EnerZona, Enervit Protein, and Enervit Gymline Muscle.