TrenDevice SpA (MIL:TD) LT-Debt-to-Total-Asset: 0.37 (As of Jun. 2024)


What is TrenDevice SpA LT-Debt-to-Total-Asset?

TrenDevice SpA MIL:TD LT-Debt-to-Total-Asset is 0.37 as of Jun. 2024.

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. TrenDevice SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.37.

TrenDevice SpA's long-term debt to total assets ratio declined from Jun. 2023 (0.44) to Jun. 2024 (0.37). It may suggest that TrenDevice SpA is progressively becoming less dependent on debt to grow their business.

TrenDevice SpA  (MIL:TD) 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.

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

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

* Premium members only.

The historical data trend for TrenDevice 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.

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

TrenDevice SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.19 0.26 0.54 0.42 0.40

TrenDevice SpA Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.42 0.44 0.40 0.37

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

TrenDevice 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 )
=5.774/14.6
=0.40

TrenDevice 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 )
=4.275/11.718
=0.36

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.37 mean?
TrenDevice SpA (MIL:TD) has a LT-Debt-to-Total-Asset of 0.37 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TrenDevice SpA and its competitors.
Is TrenDevice SpA's LT-Debt-to-Total-Asset too high?
TrenDevice SpA's current LT-Debt-to-Total-Asset is 0.37.
How does TrenDevice SpA's LT-Debt-to-Total-Asset compare to TSCO and ULTA?
TrenDevice SpA's LT-Debt-to-Total-Asset of 0.37 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Retail - Cyclical company?
A good LT-Debt-to-Total-Asset depends on the Retail - Cyclical industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TrenDevice SpA and its competitors. TrenDevice SpA's current LT-Debt-to-Total-Asset is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TrenDevice SpA stock overvalued right now?
TrenDevice SpA (MIL:TD) has a current LT-Debt-to-Total-Asset of 0.37. The current LT-Debt-to-Total-Asset is 0.37. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For TrenDevice SpA (MIL:TD), the current LT-Debt-to-Total-Asset is 0.37 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TrenDevice SpA Business Description

Address Via Niccolo Copernico 38, Milan, ITA, 20125
TrenDevice SpA is engaged in the refurbishing and marketing of electronic products such as computers, smartphones, tablets, smartwatches, and others. It also offers maintenance and repair services.