Lemon Sistemi SpA (MIL:LS) LT-Debt-to-Total-Asset : 0.11 (As of Jun. 2024)

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What is Lemon Sistemi 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. Lemon Sistemi SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.11.

Lemon Sistemi SpA's long-term debt to total assets ratio increased from Jun. 2023 (0.05) to Jun. 2024 (0.11). It may suggest that Lemon Sistemi SpA is progressively becoming more dependent on debt to grow their business.

Lemon Sistemi SpA LT-Debt-to-Total-Asset Historical Data

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

Lemon Sistemi SpA Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.05

0.02

0.08

Lemon Sistemi SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	0.05	0.02	0.05	0.08	0.11

Lemon Sistemi SpA LT-Debt-to-Total-Asset Calculation

Lemon Sistemi 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 )
	=	1.411	/	18.755
	=	0.08

Lemon Sistemi 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 )
	=	1.467	/	13.833
	=	0.11

Lemon Sistemi SpA (MIL:LS) 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.

Lemon Sistemi SpA LT-Debt-to-Total-Asset Related Terms

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Lemon Sistemi SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lemon Sistemi SpA (MIL:LS) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Via IV Novembre, Balestrate, ITA, 6090041

Website

https://www.lemonsistemi.it

Lemon Sistemi SpA is an Italian company that specializes in solar energy systems. It focuses on designing, installing, and maintaining photovoltaic systems for homes and businesses. Its product portfolio includes Sunpower photovoltaic, Solar Thermal, Renewable heating systems, Storage systems, and Electric car charging stations.

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