Intercos SpA (MIL:ICOS) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Intercos 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. Intercos SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Intercos SpA's long-term debt to total assets ratio declined from Dec. 2021 (0.47) to Dec. 2023 (0.01). It may suggest that Intercos SpA is progressively becoming less dependent on debt to grow their business.

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

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

Intercos SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.50

0.47

0.19

0.01

Intercos SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Dec22	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.32	0.47	0.19	0.01	-

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

Intercos 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 )
	=	9.521	/	980.932
	=	0.01

Intercos 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 )
	=	9.521	/	980.932
	=

Intercos SpA (MIL:ICOS) 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.

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

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Intercos SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Intercos SpA (MIL:ICOS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ICOSF:USA ICOSm:UK 0AAR:UK

Address

Via Marconi 84, Agrate Brianza, ITA, 20864

Website

https://www.intercos.com

Intercos SpA is engaged in the manufacturing of cosmetics. Its offerings include color cosmetics, pencils, nail polish, skincare, and personal care products.

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