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Aventador (XPAR:ALAVE) LT-Debt-to-Total-Asset : 0.95 (As of Mar. 2024)


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What is Aventador 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. Aventador's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.95.

Aventador's long-term debt to total assets ratio increased from Mar. 2023 (0.48) to Mar. 2024 (0.95). It may suggest that Aventador is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Aventador'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.

Aventador LT-Debt-to-Total-Asset Chart

Aventador Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.54 0.57 0.40 0.48 0.95

Aventador Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Sep22 Mar23 Sep23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.37 0.48 0.07 0.95

Aventador LT-Debt-to-Total-Asset Calculation

Aventador's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )/Total Assets (A: Mar. 2024 )
=6.385/6.714
=0.95

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

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=6.385/6.714
=0.95

* 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.


Aventador  (XPAR:ALAVE) 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.


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

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Aventador Business Description

Traded in Other Exchanges
N/A
Address
Dieu 9 Rue des cuirassiers, Wellio Lyon Part, Lyon, FRA, 69003
Algreen engages in the distribution of food products. It specializes in multi-activity agrifood with a strategy of integrating companies, industries, and brands within the same group while favoring traditional and innovative SMEs.

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