Zest SpA (MIL:ZEST) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)

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

What is Zest 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. Zest SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.08.

Zest SpA's long-term debt to total assets ratio declined from Dec. 2022 (0.13) to Dec. 2023 (0.08). It may suggest that Zest SpA is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Zest 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.

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

Zest SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.15

0.13

0.08

Zest SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.14	0.13	0.12	0.08

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

Zest 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 )
	=	2.925	/	35.332
	=	0.08

Zest SpA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2.925	/	35.332
	=	0.08

Zest SpA (MIL:ZEST) 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.

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

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

Zest SpA (MIL:ZEST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Zest SpA (MIL:ZEST) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Marsala 29h, Rome, ITA, 00185

Website

http://www.lventuregroup.com

LVenture Group SpA is a holding company. It operates in the Private Equity and Venture Capital and provides financial support for the development of StartUp, bringing also a network of strong relationships and high sectoral expertise. The company activities are divided into two areas namely venture capital and other activities.

Zest SpA (MIL:ZEST) Headlines

No Headlines