Sabaf (STU:SM5) LT-Debt-to-Total-Asset : 0.19 (As of Sep. 2024)

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What is Sabaf 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. Sabaf's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.19.

Sabaf's long-term debt to total assets ratio declined from Sep. 2023 (0.23) to Sep. 2024 (0.19). It may suggest that Sabaf is progressively becoming less dependent on debt to grow their business.

Sabaf LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sabaf'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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Sabaf LT-Debt-to-Total-Asset Chart

Sabaf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.13

0.27

0.24

0.23

Sabaf Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.23	0.22	0.20	0.19

Sabaf LT-Debt-to-Total-Asset Calculation

Sabaf'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 )
	=	81.547	/	358.178
	=	0.23

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	68.796	/	357.543
	=	0.19

Sabaf (STU:SM5) 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.

Sabaf LT-Debt-to-Total-Asset Related Terms

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Sabaf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sabaf (STU:SM5) » Definitions » LT-Debt-to-Total-Asset

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SAB:Italy 0NIG:UK

Address

Via dei Carpini, 1, Ospitaletto, Brescia, ITA, 25035

Website

https://www.sabafgroup.com

Sabaf is an Italy-based company engaged in manufacturing domestic gas cooking components. It operates in three segments including gas parts, hinges, and electronic components for household appliances. It generates maximum revenue from the gas parts segment which offers products like valves, burners, spark plugs, microswitches, injectors, and other components to complete the range. Geographically, it derives a majority of its revenue from Europe (excluding Turkey) and the rest from Turkey, North America, South America, Africa and Middle East, Asia, and Oceania.

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