Gambero Rosso SpA (MIL:GAMB) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2023)

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What is Gambero Rosso 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. Gambero Rosso SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.22.

Gambero Rosso SpA's long-term debt to total assets ratio increased from Dec. 2022 (0.14) to Dec. 2023 (0.22). It may suggest that Gambero Rosso SpA is progressively becoming more dependent on debt to grow their business.

Gambero Rosso SpA LT-Debt-to-Total-Asset Historical Data

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

Gambero Rosso SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.23

0.21

0.14

0.22

Gambero Rosso SpA Semi-Annual Data
	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														0.21	0.17	0.14	0.25	0.22

Gambero Rosso SpA LT-Debt-to-Total-Asset Calculation

Gambero Rosso 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 )
	=	8.468	/	38.375
	=	0.22

Gambero Rosso 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 )
	=	8.468	/	38.375
	=	0.22

Gambero Rosso SpA (MIL:GAMB) 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.

Gambero Rosso SpA LT-Debt-to-Total-Asset Related Terms

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Gambero Rosso SpA (MIL:GAMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gambero Rosso SpA (MIL:GAMB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Ottavio Gasparri, 13/17, Roma, ITA, 00152

Website

http://www.gamberorosso.it

Gambero Rosso SpA is an Italian publishing group. It operates in two operating segments: Food and wine, Publishing. The company publishes monthly magazines, the weekly Tre Bicchieri and the programs of Gambero Rosso Channel. Whereas in Food and wine, it operates in variety of courses.