Nexi SpA (MIL:NEXI) LT-Debt-to-Total-Asset : 0.38 (As of Jun. 2023)

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What is Nexi 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. Nexi SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.38.

Nexi SpA's long-term debt to total assets ratio declined from Jun. 2022 (0.38) to Jun. 2023 (0.38). It may suggest that Nexi SpA is progressively becoming less dependent on debt to grow their business.

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

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

Nexi SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.59

0.62

0.39

0.38

0.42

Nexi SpA Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.39	0.38	0.38	0.38	0.42

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

Nexi 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 )
	=	9649.341	/	25475.461
	=	0.38

Nexi 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 )
	=	9393.068	/	25050.48
	=	0.37

Nexi SpA (MIL:NEXI) 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.

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

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Nexi SpA (MIL:NEXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nexi SpA (MIL:NEXI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NEXPF:USA NEXXY:USA 0NX5:UK NEXIm:UK N0XA:Germany NEXI:Austria

Address

Corso Sempione 55, Milan, ITA, 20149

Website

https://www.nexi.it

Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi's services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.