OVS SpA (MIL:OVS) LT-Debt-to-Total-Asset : 0.39 (As of Jul. 2023)

View and export this data going back to 2015. Start your Free Trial

What is OVS 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. OVS SpA's long-term debt to total assests ratio for the quarter that ended in Jul. 2023 was 0.39.

OVS SpA's long-term debt to total assets ratio declined from Jul. 2022 (0.39) to Jul. 2023 (0.39). It may suggest that OVS SpA is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for OVS 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.

OVS SpA LT-Debt-to-Total-Asset Chart

OVS SpA Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.20

0.41

0.45

0.39

OVS SpA Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.43	0.39	0.39	0.39	0.39

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

OVS SpA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

LT Debt to Total Assets (A: Jan. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2023 )	/	Total Assets (A: Jan. 2023 )
	=	1127.23	/	2871.01
	=	0.39

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

LT Debt to Total Assets (Q: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2023 )	/	Total Assets (Q: Jul. 2023 )
	=	1079.171	/	2804.458
	=	0.38

OVS SpA (MIL:OVS) 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.

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

Thank you for viewing the detailed overview of OVS SpA's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

OVS SpA (MIL:OVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » OVS SpA (MIL:OVS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

OVSm:UK 0R5R:UK 0OV1:Germany

Address

Via Terraglio 17, Venice - Mestre, ITA, 30174

Website

http://www.ovscorporate.it

OVS SpA is an Italian fashion retailer. The company develops and markets menswear, womenswear and children's wear. Its operating segment includes OVS, UPIM and Sempione Fashion. OVS segment offers stylish and high-quality clothing at competitive prices focusing on the latest trends and fashion. Its UPIM segment offers women's, men's and children's clothing products, homeware and fragrance, The company generates maximum revenue from the OVS segment. Geographically, it has a presence in Italy, Bangladesh, China, Hong Kong, India, Pakistan, Turkey, Spain, Croatia, and Serbia.