IMD International Medical Devices SpA (MIL:IMD) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

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

IMD International Medical Devices SpA's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.01). It may suggest that IMD International Medical Devices SpA is progressively becoming more dependent on debt to grow their business.

IMD International Medical Devices SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for IMD International Medical Devices 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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IMD International Medical Devices SpA LT-Debt-to-Total-Asset Chart

IMD International Medical Devices SpA Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

0.04

IMD International Medical Devices SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.04	-	-	0.01

IMD International Medical Devices SpA LT-Debt-to-Total-Asset Calculation

IMD International Medical Devices 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	/	36.187
	=	0.00

IMD International Medical Devices 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 )
	=	0.314	/	38.471
	=	0.01

IMD International Medical Devices SpA (MIL:IMD) 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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IMD International Medical Devices SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » IMD International Medical Devices SpA (MIL:IMD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via E. Fermi 26, Grassobbio, ITA, 24050

Website

https://www.imdgroup.it

IMD International Medical Devices SpA is a company manufacturing X-ray medical equipment with a complete range of mobile imaging systems.

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