Interpump Group SpA (MIL:IP) LT-Debt-to-Total-Asset : 0.16 (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Interpump 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. Interpump Group SpA's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.16.

Interpump Group SpA's long-term debt to total assets ratio declined from Sep. 2023 (0.18) to Sep. 2024 (0.16). It may suggest that Interpump Group SpA is progressively becoming less dependent on debt to grow their business.

Interpump Group SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Interpump 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.

* Premium members only.

Interpump Group SpA LT-Debt-to-Total-Asset Chart

Interpump Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.20

0.22

0.19

0.16

Interpump Group SpA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.16	0.17	0.16	0.16

Interpump Group SpA LT-Debt-to-Total-Asset Calculation

Interpump 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 )
	=	503.207	/	3243.963
	=	0.16

Interpump Group SpA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	529.369	/	3316.545
	=	0.16

Interpump Group SpA (MIL:IP) 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.

Interpump Group SpA LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Interpump Group SpA's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Interpump Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Interpump Group SpA (MIL:IP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

IPGLF:USA IPm:UK 0EWD:UK 8IG:Germany

Address

Via E. Fermi, 25, Sant'Ilario D'Enza, ITA, 42049

Website

https://www.interpumpgroup.it

Interpump Group SpA is an Italy-based company that manufactures and markets high-pressure piston pumps and hydraulic products. The company operates through two segments. Its water jetting segment manufactures high- and ultra-high-pressure pumps. Its hydraulic segment manufactures power take-offs, cylinders, componentry engineering, hydraulic distributors, valves, and hoses and fittings. The company owns production facilities in Italy, the U.S., Germany, China, India, Brazil, Bulgaria, Romania, and South Korea. The company has a global presence, with the domestic Italian market accounting for a fraction of its revenue.