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Ivision Tech SpA (MIL:IVN) LT-Debt-to-Total-Asset : 0.14 (As of Jun. 2024)


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What is Ivision Tech 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. Ivision Tech SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.14.

Ivision Tech SpA's long-term debt to total assets ratio declined from Jun. 2023 (0.24) to Jun. 2024 (0.14). It may suggest that Ivision Tech SpA is progressively becoming less dependent on debt to grow their business.


Ivision Tech SpA LT-Debt-to-Total-Asset Historical Data

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

Ivision Tech SpA Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.17 0.21

Ivision Tech SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset - 0.17 0.24 0.21 0.14

Ivision Tech SpA LT-Debt-to-Total-Asset Calculation

Ivision Tech 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 )
=3.622/17.061
=0.21

Ivision Tech 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 )
=3.651/25.553
=0.14

* 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.


Ivision Tech SpA  (MIL:IVN) 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.


Ivision Tech SpA LT-Debt-to-Total-Asset Related Terms

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Ivision Tech SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Spilimbergo, 154, Martignacco, ITA, 33035
Ivision Tech SpA is an innovative SME active in the sector of design and production of eyeglass frames, prescription and sun, in acetate and combined, representing a reality of excellence in Made in Italy manufacturing. The company operates in two divisions iVision Eyewear and iVision R&D. iVision Eyewear is active in the design, development of prototypes, industrialization and mass production phases of acetate eyewear, for which it uses cutting-edge machinery and software. iVision R&D is active in research and development with the aim of applying increasingly innovative technologies to eyewear.

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