IVS Group (MIL:IVS) LT-Debt-to-Total-Asset : 0.23 (As of Jun. 2024)

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What is IVS Group 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. IVS Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.23.

IVS Group's long-term debt to total assets ratio declined from Jun. 2023 (0.33) to Jun. 2024 (0.23). It may suggest that IVS Group is progressively becoming less dependent on debt to grow their business.

IVS Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for IVS Group'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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IVS Group LT-Debt-to-Total-Asset Chart

IVS Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.45

0.47

0.44

0.34

0.35

IVS Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.23	0.35	0.23	0.23

IVS Group LT-Debt-to-Total-Asset Calculation

IVS Group'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 )
	=	452.068	/	1290.826
	=	0.35

IVS Group'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 )
	=	299.215	/	1307.215
	=	0.23

IVS Group (MIL:IVS) 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.

IVS Group LT-Debt-to-Total-Asset Related Terms

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IVS Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » IVS Group SA (MIL:IVS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via dell`Artigianato, 25, Seriate, Bergamo, ITA, 24068

Website

https://www.ivsgroup.it

IVS Group SA is into vending machine business engaged in operating in four segments; Vending division which generates key revenue, and offers the sale and supply of goods, food, and beverages via automated and semiautomated vending machines, Reselling division includes sales of vending machines and food to small companies operating in the vending business, Ho.Re.Ca division comprises sales through the specific distribution channel of the hotel, and restaurant to companies selling food and beverages, and Coin division comprises management of metallic money (coins) (collection, packaging, and delivery), e-money, and payment services businesses. The company derives a majority of its revenue from Italy and the rest from France, Spain, and other regions.

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