Nusco SpA (MIL:NUS) LT-Debt-to-Total-Asset : 0.11 (As of Jun. 2024)

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

Nusco SpA's long-term debt to total assets ratio declined from Jun. 2023 (0.14) to Jun. 2024 (0.11). It may suggest that Nusco SpA is progressively becoming less dependent on debt to grow their business.

Nusco SpA LT-Debt-to-Total-Asset Historical Data

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

Nusco SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.15

0.10

0.11

0.12

Nusco SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.12	0.11	0.14	0.12	0.11

Nusco SpA LT-Debt-to-Total-Asset Calculation

Nusco 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 )
	=	7.071	/	61.751
	=	0.11

Nusco 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 )
	=	6.481	/	59.257
	=	0.11

Nusco SpA (MIL:NUS) 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.

Nusco SpA LT-Debt-to-Total-Asset Related Terms

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Nusco SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nusco SpA (MIL:NUS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

SS7 bis km 50.500, Nola, Naples, ITA, 80035

Website

https://www.nuscospa.com

Nusco SpA is operating in the design, manufacture, and marketing of wood, PVC, and aluminum doors and windows under the Nusco brand. Its products include veneer doors, laminated doors, security doors, solid wood doors, pantograph and engraving doors, invisible doors, reversible doors, sliding doors, wood and aluminum windows, aluminum and wood doors, windows in PVC, and others. Geographically, the company generates a majority of its revenue from Italy and the rest from other countries of the European Union, and other regions.