Pozzi Milano SpA (MIL:POZ) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2024)

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What is Pozzi Milano 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. Pozzi Milano SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.08.

Pozzi Milano SpA's long-term debt to total assets ratio declined from Jun. 2023 (0.12) to Jun. 2024 (0.08). It may suggest that Pozzi Milano SpA is progressively becoming less dependent on debt to grow their business.

Pozzi Milano SpA LT-Debt-to-Total-Asset Historical Data

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

Pozzi Milano SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.30

0.03

0.12

0.10

Pozzi Milano SpA Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.12	0.12	0.10	0.08	-

Pozzi Milano SpA LT-Debt-to-Total-Asset Calculation

Pozzi Milano 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 )
	=	1.403	/	14.415
	=	0.10

Pozzi Milano 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 )
	=	1.2	/	14.758
	=	0.08

Pozzi Milano SpA (MIL:POZ) 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.

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Pozzi Milano SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Pozzi Milano SpA (MIL:POZ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Fornaci 4/AB, Monticelli Brusati, ITA, 25040

Website

https://www.pozzimilano.com

Pozzi Milano SpA operates in the table art sector. The group creates medium-high level Themed Tableware collections and gift items.

Pozzi Milano SpA Headlines

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