Salvatore Ferragamo SpA (WBO:SFER) LT-Debt-to-Total-Asset : 0.34 (As of Jun. 2023)

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What is Salvatore Ferragamo 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. Salvatore Ferragamo SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.34.

Salvatore Ferragamo SpA's long-term debt to total assets ratio increased from Mar. 2022 (0.30) to Jun. 2023 (0.34). It may suggest that Salvatore Ferragamo SpA is progressively becoming more dependent on debt to grow their business.

Salvatore Ferragamo SpA LT-Debt-to-Total-Asset Historical Data

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

Salvatore Ferragamo SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.01

0.30

0.35

0.30

0.27

Salvatore Ferragamo SpA Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.30	0.30	0.27	0.34

Salvatore Ferragamo SpA LT-Debt-to-Total-Asset Calculation

Salvatore Ferragamo SpA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	468.737	/	1720.29
	=	0.27

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

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	609.69	/	1803.482
	=

Salvatore Ferragamo SpA (WBO:SFER) 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.

Salvatore Ferragamo SpA LT-Debt-to-Total-Asset Related Terms

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Salvatore Ferragamo SpA (WBO:SFER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Salvatore Ferragamo SpA (WBO:SFER) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SFRGY:USA SFRGF:USA SFER:Italy SFERm:UK 0P52:UK S9L:Germany

Address

Via dei Tornabuoni 2, Firenze, ITA, 50123

Website

http://www.ferragamo.com

Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 44% of revenue in the fragmented footwear category, 41% in leather goods, 7% in apparel, and 6% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 33% of sales and other emerging markets (6% of sales in Central and South America). Ferragamo generates 21% of revenue in Europe, 31% in the U.S., and 8% in Japan.

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