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Mit Sim SpA (MIL:MTS) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)


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What is Mit Sim 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. Mit Sim SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Mit Sim SpA's long-term debt to total assets ratio declined from Dec. 2022 (0.09) to Dec. 2023 (0.00). It may suggest that Mit Sim SpA is progressively becoming less dependent on debt to grow their business.


Mit Sim SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mit Sim 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.

Mit Sim SpA LT-Debt-to-Total-Asset Chart

Mit Sim SpA Annual Data
Trend Mar19 Mar20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.13 0.04 0.09 -

Mit Sim SpA Semi-Annual Data
Mar19 Mar20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.04 0.12 0.09 0.09 -

Mit Sim SpA LT-Debt-to-Total-Asset Calculation

Mit Sim 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 )
=0/4.176
=0.00

Mit Sim SpA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=0/4.176
=0.00

* 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.


Mit Sim SpA  (MIL:MTS) 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.


Mit Sim SpA LT-Debt-to-Total-Asset Related Terms

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Mit Sim SpA (MIL:MTS) Business Description

Traded in Other Exchanges
N/A
Address
Corso Venezia 16, Serbelloni Palace, Milan, ITA, 20121
Mit Sim SpA is involved in Specialist activities, Order Reception and Transmission Activities, Placement Activities, and Euronext Growth Advisor Activities.

Mit Sim SpA (MIL:MTS) Headlines

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