Valtecne SPA (MIL:VLT) LT-Debt-to-Total-Asset : 0.13 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Valtecne 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. Valtecne SPA's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.13.

Valtecne SPA's long-term debt to total assets ratio declined from Jun. 2022 (0.25) to Jun. 2023 (0.13). It may suggest that Valtecne SPA is progressively becoming less dependent on debt to grow their business.

Valtecne SPA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Valtecne 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.

Valtecne SPA LT-Debt-to-Total-Asset Chart

Valtecne SPA Annual Data

Trend

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.16

0.21

0.18

Valtecne SPA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.21	0.25	0.18	0.13

Valtecne SPA LT-Debt-to-Total-Asset Calculation

Valtecne SPA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	5.035	/	28.045
	=	0.18

Valtecne SPA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	4.819	/	37.345
	=	0.13

Valtecne SPA (MIL:VLT) 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.

Valtecne SPA LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Valtecne SPA's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.