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Eukedos SpA (MIL:EUK) LT-Debt-to-Total-Asset : 0.66 (As of Dec. 2023)


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What is Eukedos 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. Eukedos SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.66.

Eukedos SpA's long-term debt to total assets ratio declined from Dec. 2022 (0.69) to Dec. 2023 (0.66). It may suggest that Eukedos SpA is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Eukedos 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.

* Premium members only.

Eukedos SpA LT-Debt-to-Total-Asset Chart

Eukedos SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.63 0.69 0.69 0.66

Eukedos SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.69 0.69 0.67 0.66

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

Eukedos 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 )
=97.605/149.105
=0.65

Eukedos 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 )
=97.605/149.105
=0.65

* 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.


Eukedos SpA  (MIL:EUK) 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.


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

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Eukedos SpA (MIL:EUK) Business Description

Traded in Other Exchanges
N/A
Address
Via Benedetto da Foiano, 14, Florence, ITA, 50125
Eukedos SpA along with its holdings provides healthcare and medical products. The company manages retirement homes for elderly and adults disabled.

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