Gismondi 1754 SpA (MIL:GIS) LT-Debt-to-Total-Asset : 0.13 (As of Jun. 2023)

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What is Gismondi 1754 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. Gismondi 1754 SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.13.

Gismondi 1754 SpA's long-term debt to total assets ratio increased from Jun. 2022 (0.10) to Jun. 2023 (0.13). It may suggest that Gismondi 1754 SpA is progressively becoming more dependent on debt to grow their business.

Gismondi 1754 SpA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gismondi 1754 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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Gismondi 1754 SpA LT-Debt-to-Total-Asset Chart

Gismondi 1754 SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

0.21

0.05

0.15

0.12

Gismondi 1754 SpA Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.14	0.12	0.10	0.12	0.13

Gismondi 1754 SpA LT-Debt-to-Total-Asset Calculation

Gismondi 1754 SpA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	1.834	/	15.471
	=	0.12

Gismondi 1754 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 )
	=	3.094	/	23.901
	=	0.13

Gismondi 1754 SpA (MIL:GIS) 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.

Gismondi 1754 SpA LT-Debt-to-Total-Asset Related Terms

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Gismondi 1754 SpA (MIL:GIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Gismondi 1754 SpA (MIL:GIS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Galata, 72-74r, Genoa, ITA

Website

https://www.gismondi1754.com

Gismondi 1754 SpA is engaged in creation, production and marketing of jewelry. The company manufactures rings, necklaces, earrings, and pendants. Its brands are Essenza, Noi, Aura, Era, Dedalo, and Prato Fiorito.