PRDSF (Prada SpA) LT-Debt-to-Total-Asset : 0.25 (As of Jun. 2024)

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What is Prada 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. Prada SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.25.

Prada SpA's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Jun. 2024 (0.25). It may suggest that Prada SpA is progressively becoming more dependent on debt to grow their business.

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

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

Prada SpA Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.37

0.33

0.31

0.29

0.27

Prada SpA Quarterly Data
	Jul16	Jan17	Jul17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.29	-	0.27	0.25	-

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

Prada 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 )
	=	2222.487	/	8304.309
	=	0.27

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	2094.461	/	8332.05
	=

Prada SpA (OTCPK:PRDSF) 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.

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

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Prada SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Prada SpA (OTCPK:PRDSF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PRDSY:USA 01913:Hong Kong PRP:Germany

Address

Via Antonio Fogazzaro, 28, Milan, ITA, 20135

Website

https://www.pradagroup.com

Prada is a family owned holding comprising Prada brand, a younger and more fashion-oriented Miu Miu, and two classic shoe brands: Church's and Car Shoe. The company generates EUR 4.7 billion in sales, with over 80% from the Prada brand. Leather goods make up 46% of retail sales, ready-to-wear 32%, footwear 18%, and licensing (mainly eyewear and fragrances) 3%. Geographically, Asia is the biggest region with 35% of retail sales, followed by Europe at 31%, 18% in the Americas, and 12% in Japan.