Fae Technology SpA (MIL:FAE) LT-Debt-to-Total-Asset : 0.09 (As of Jun. 2024)

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What is Fae Technology 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. Fae Technology SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.09.

Fae Technology SpA's long-term debt to total assets ratio declined from Jun. 2023 (0.12) to Jun. 2024 (0.09). It may suggest that Fae Technology SpA is progressively becoming less dependent on debt to grow their business.

Fae Technology SpA LT-Debt-to-Total-Asset Historical Data

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

Fae Technology SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.14

0.12

0.09

Fae Technology SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.13	-	0.12	0.09	0.09

Fae Technology SpA LT-Debt-to-Total-Asset Calculation

Fae Technology 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 )
	=	5.032	/	54.36
	=	0.09

Fae Technology 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 )
	=	5.563	/	60.318
	=	0.09

Fae Technology SpA (MIL:FAE) 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.

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Fae Technology SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fae Technology SpA (MIL:FAE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via C. Battisti, 136, Gazzaniga (BG), ITA, 24025

Website

https://www.fae.technology

Fae Technology SpA operates in design, PoC development, industrial design, prototyping, manufacturing, and solution delivery in embedded electronics and custom electronics products.

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