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Yolo Group SpA (MIL:YOLO) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)


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What is Yolo Group 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. Yolo Group SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

Yolo Group SpA's long-term debt to total assets ratio declined from Dec. 2023 (0.16) to Dec. 2024 (0.12). It may suggest that Yolo Group SpA is progressively becoming less dependent on debt to grow their business.


Yolo Group SpA LT-Debt-to-Total-Asset Historical Data

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

Yolo Group SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
- - 0.17 0.16 0.12

Yolo Group SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.17 0.17 0.16 0.14 0.12

Yolo Group SpA LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=3.684/29.791
=0.12

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

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=3.684/29.791
=0.12

* 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.


Yolo Group SpA  (MIL:YOLO) 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.


Yolo Group SpA LT-Debt-to-Total-Asset Related Terms

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Yolo Group SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Fabio Filzi 27, Milan, ITA, 20124
Yolo Group SpA operates as a digital insurance brokerage firm. The company distributes digital insurance policies. It offers end to end operations; Integrated marketplace; Customer engagement; and Remarketing Engine.