Franchetti SpA (MIL:FCH) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

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What is Franchetti 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. Franchetti SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

Franchetti SpA's long-term debt to total assets ratio declined from Jun. 2023 (0.02) to Jun. 2024 (0.01). It may suggest that Franchetti SpA is progressively becoming less dependent on debt to grow their business.

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

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

Franchetti SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.22

0.15

0.05

0.02

Franchetti SpA Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.05	0.02	0.02	0.01

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

Franchetti 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 )
	=	0.233	/	12.852
	=	0.02

Franchetti 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 )
	=	0.155	/	14.036
	=	0.01

Franchetti SpA (MIL:FCH) 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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Franchetti SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Franchetti SpA (MIL:FCH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

D0E:Germany

Address

Vi Piazzale della Vittoria 7, Arzignano, ITA, I-36071

Website

https://www.franchetti.tech

Franchetti SpA is a civil and environmental engineering company specializes in the inspection, analysis and maintenance of high-value elements, such as bridges and complex transport networks.