Terna SpA (MIL:TRN) LT-Debt-to-Total-Asset: 0.49 (As of Mar. 2026)

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

Terna SpA MIL:TRN -1.55% 86 LT-Debt-to-Total-Asset is 0.49 as of Mar. 2026. GuruFocus rates MIL:TRN with a GF Score™ of 86/100 and a GF Value™ of €9.88 (Fairly Valued). The stock has 3 warning signs investors should review.

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. Terna SpA's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.49.

Terna SpA's long-term debt to total assets ratio increased from Mar. 2025 (0.00) to Mar. 2026 (0.49). It may suggest that Terna SpA is progressively becoming more dependent on debt to grow their business.

Terna SpA (MIL:TRN) 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.

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

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

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The historical data trend for Terna 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.

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

Terna SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.40

0.37

0.40

0.42

0.46

Terna SpA Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.00	0.41	0.00	0.46	0.49

86GF Score

Terna SpA MIL:TRN

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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

Terna SpA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	13886.7	/	29982.8
	=	0.46

Terna SpA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	12170.2	/	24819
	=	0.49

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.49 mean?

Terna SpA (MIL:TRN) has a LT-Debt-to-Total-Asset of 0.49 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Terna SpA and its competitors.

Is Terna SpA's LT-Debt-to-Total-Asset too high?

Terna SpA's current LT-Debt-to-Total-Asset is 0.49. Overall, Terna SpA has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Terna SpA's LT-Debt-to-Total-Asset compare to NEE and SO?

Terna SpA's LT-Debt-to-Total-Asset of 0.49 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?

A good LT-Debt-to-Total-Asset depends on the Utilities - Regulated 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 Terna SpA and its competitors. Terna SpA's current LT-Debt-to-Total-Asset is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Terna SpA stock overvalued right now?

Based on GuruFocus' analysis, Terna SpA (MIL:TRN) is currently considered Fairly Valued. The stock's GF Value™ is €9.88, compared to a current price of €10.14 — trading 2.6% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.49. Terna SpA's overall GF Score™ is 86/100 with 3 warning signs to review. 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 Terna SpA (MIL:TRN), the current LT-Debt-to-Total-Asset is 0.49 as of Mar. 2026. 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.

Is Terna SpA (MIL:TRN) Overvalued in 2026?

Based on GuruFocus' analysis, Terna SpA stock appears to be overvalued. The current stock price of €10.14 is trading 2.6% above its estimated GF Value™ of €9.88. GuruFocus considers Terna SpA to be Fairly Valued.

Key valuation signals for MIL:TRN:

LT-Debt-to-Total-Asset: 0.49
GF Value™: €9.88 vs. price of €10.14 (2.6% above fair value)
GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the MIL:TRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Terna SpA Business Description

Industry Utilities Utilities - Regulated

Comparable Companies MIL:EVISO MIL:DEA MIL:INC NEE SO DUK LSE:NG.AEP D ETR XEL EXC XMAD:ELE PEG ED WEC PCG BOM:532555 AEE DTE

Other Exchanges TEZNY:USA TERRF:USA TRNm:UK 0LBM:UK UEI:Germany TRN:Austria

Address Viale Egidio Galbani 70, Rome, ITA, 00156

Website https://www.terna.it

Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.

86GF Score

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€10.14

Price

€9.88

GF Value

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