Acquazzurra SpA (MIL:ACQ) LT-Debt-to-Total-Asset : 0.06 (As of Jun. 2023)

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What is Acquazzurra 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. Acquazzurra SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.06.

Acquazzurra SpA's long-term debt to total assets ratio declined from Jun. 2022 (0.12) to Jun. 2023 (0.06). It may suggest that Acquazzurra SpA is progressively becoming less dependent on debt to grow their business.

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

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

Acquazzurra SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.09

0.19

0.09

0.05

Acquazzurra SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.09	0.12	0.09	0.06	0.05

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

Acquazzurra 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 )
	=	0.56	/	12.224
	=	0.05

Acquazzurra 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 )
	=	0.754	/	12.042
	=	0.06

Acquazzurra SpA (MIL:ACQ) 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.

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

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Acquazzurra SpA (MIL:ACQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Acquazzurra SpA (MIL:ACQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

TSE:3622 TSE:2656 TSE:9258 TSE:2411 TRKA BKK:GPI TSE:2173 TSE:7063 XPAR:ALNXT KNIT

Traded in Other Exchanges

N/A

Address

Via Rutilia, 10/8, Milan, ITA, 20141

Website

https://www.acquazzurra.biz

Acquazzurra SpA operates as an advertising agency. It is engaged in the sector of the sale of advertising space in exchange for the products of advertiser customers. The company structures the campaigns advertising more suited to the needs of advertisers customers, taking advantage of different types of media, such as TV, radio, magazines, newspapers, outdoor advertising, and the web.

Acquazzurra SpA (MIL:ACQ) Headlines

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