UniCredit SpA (UniCredit SpA) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

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What is UniCredit 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. UniCredit SpA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

UniCredit SpA's long-term debt to total assets ratio increased from Dec. 2022 (0.14) to Dec. 2023 (0.16). It may suggest that UniCredit SpA is progressively becoming more dependent on debt to grow their business.

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

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

UniCredit SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.15

0.14

0.16

UniCredit SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.11	0.11	0.16	-

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

UniCredit 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 )
	=	133611.778	/	856023.991
	=	0.16

UniCredit 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 )
	=	133611.778	/	856023.991
	=	0.16

UniCredit SpA (OTCPK:UNCFF) 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.

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

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UniCredit SpA (UniCredit SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » UniCredit SpA (OTCPK:UNCFF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

UNCRY:USA UCG:Poland UCG:Italy UCGm:UK 0RLS:UK CRIN:Germany UCG:Austria

Address

Piazza Gae Aulenti 3, Tower A, Milano, ITA, 20154

Website

https://www.unicreditgroup.eu

UniCredit is one of the two largest Italian retail and commercial banks, but roughly half of its operations are outside Italy. It has a strong presence in Germany, Austria, and Central and Eastern Europe. It generates most of its revenue from retail banking, but also maintains a sizable corporate and investment bank.

UniCredit SpA (UniCredit SpA) Headlines

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