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Unieuro SpA (MIL:UNIR) LT-Debt-to-Total-Asset : 0.23 (As of Aug. 2024)


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What is Unieuro 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. Unieuro SpA's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.23.

Unieuro SpA's long-term debt to total assets ratio declined from Aug. 2023 (0.25) to Aug. 2024 (0.23). It may suggest that Unieuro SpA is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Unieuro 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.

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

Unieuro SpA Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.30 0.26 0.26 0.23

Unieuro SpA Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 - 0.23 - 0.23

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

Unieuro SpA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )/Total Assets (A: Feb. 2024 )
=341.051/1471.06
=0.23

Unieuro SpA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )/Total Assets (Q: Aug. 2024 )
=319.774/1409.522
=0.23

* 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.


Unieuro SpA  (MIL:UNIR) 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.


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

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Unieuro SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Piero Maroncelli, 10, Palazzo Hercolani, Forli, ITA, 47121
Unieuro SpA is engaged in the computer and electronics retailers industry. The company product categories include Grey, White, Brown, and Other products. Its products and services include mobile devices, video games, electrical scopes, notebooks, washing machines, tablets, refrigerators, soundbars, robot vacuum cleaners, cameras, navigation systems, home cinemas, consoles, air conditioning, camcorders, hobs, sports watches, monitors, screens, multifunctional lasers, steam generators and dishwashers and others. The company's ancillary services such as delivery and installation, extended warranties, and consumer financing. It generates maximum revenue from the retail channel. Geographically, it derives a majority of its revenue from Italy.