Redelfi SpA (MIL:RDF) LT-Debt-to-Total-Asset : 0.25 (As of Dec. 2023)

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What is Redelfi 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. Redelfi SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.25.

Redelfi SpA's long-term debt to total assets ratio increased from Dec. 2022 (0.10) to Dec. 2023 (0.25). It may suggest that Redelfi SpA is progressively becoming more dependent on debt to grow their business.

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

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

Redelfi SpA Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.10

0.25

Redelfi SpA Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.10	0.09	0.10	0.28	0.25

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

Redelfi 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 )
	=	6.211	/	25.398
	=	0.24

Redelfi 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 )
	=	6.211	/	25.398
	=	0.24

Redelfi SpA (MIL:RDF) 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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Redelfi SpA (MIL:RDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Redelfi SpA (MIL:RDF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

B0Z:Germany

Address

Via Angelo Scarsellini, 119, Torre B I Gemelli 11 piano, Genova, ITA, 16149

Website

https://www.redelfi.com

Redelfi SpA operates as an industrial ESG management company. The Company focuses on digital and green transition by making innovation and investments. Its business units are Green, MarTech, and GreenTech areas.

Redelfi SpA (MIL:RDF) Headlines

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