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Masi Agricola SpA (MIL:MASI) LT-Debt-to-Total-Asset : 0.20 (As of Jun. 2024)


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What is Masi Agricola 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. Masi Agricola SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.20.

Masi Agricola SpA's long-term debt to total assets ratio increased from Jun. 2023 (0.19) to Jun. 2024 (0.20). It may suggest that Masi Agricola SpA is progressively becoming more dependent on debt to grow their business.


Masi Agricola SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Masi Agricola 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.

Masi Agricola SpA LT-Debt-to-Total-Asset Chart

Masi Agricola 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 Premium Member Only Premium Member Only 0.13 0.18 0.19 0.21 0.18

Masi Agricola SpA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.21 0.19 0.18 0.20

Masi Agricola SpA LT-Debt-to-Total-Asset Calculation

Masi Agricola 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 )
=37.178/209.363
=0.18

Masi Agricola 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 )
=41.009/206.084
=0.20

* 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.


Masi Agricola SpA  (MIL:MASI) 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.


Masi Agricola SpA LT-Debt-to-Total-Asset Related Terms

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Masi Agricola SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Monteleone 26, Gargagnago di Valpolicella, Verona, ITA, 37015
Masi Agricola SpA manufactures and distributes wines. The company operates in more than 100 countries.