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GT Talent Group SPA (MIL:GT) LT-Debt-to-Total-Asset : 0.50 (As of Dec. 2023)


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What is GT Talent Group 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. GT Talent Group SPA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.50.

GT Talent Group SPA's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2023 (0.50). It may suggest that GT Talent Group SPA is progressively becoming more dependent on debt to grow their business.


GT Talent Group SPA LT-Debt-to-Total-Asset Historical Data

The historical data trend for GT Talent Group 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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GT Talent Group SPA LT-Debt-to-Total-Asset Chart

GT Talent Group SPA Annual Data
Trend Dec23
LT-Debt-to-Total-Asset
0.50

GT Talent Group SPA Semi-Annual Data
Dec23 Jun24
LT-Debt-to-Total-Asset 0.50 -

GT Talent Group SPA LT-Debt-to-Total-Asset Calculation

GT Talent Group 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 )
=2.318/4.618
=0.50

GT Talent Group 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 )
=2.318/4.618
=

* 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.


GT Talent Group SPA  (MIL:GT) 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.


GT Talent Group SPA LT-Debt-to-Total-Asset Related Terms

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GT Talent Group SPA Business Description

Traded in Other Exchanges
N/A
Address
Via Fabio Filzi, 2, Milano, ITA, 20124
GT Talent Group SPA is a talent show dedicated to Motorsport. It allows motorsport enthusiasts to become racing drivers.