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Fincantieri SpA (MIL:FCT) Liabilities-to-Assets : 0.95 (As of Dec. 2023)


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What is Fincantieri SpA Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Fincantieri SpA's Total Liabilities for the quarter that ended in Dec. 2023 was €8,276 Mil. Fincantieri SpA's Total Assets for the quarter that ended in Dec. 2023 was €8,710 Mil. Therefore, Fincantieri SpA's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.95.


Fincantieri SpA Liabilities-to-Assets Historical Data

The historical data trend for Fincantieri SpA's Liabilities-to-Assets 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.

Fincantieri SpA Liabilities-to-Assets Chart

Fincantieri SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.91 0.91 0.93 0.95

Fincantieri SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.93 0.93 0.94 0.95

Competitive Comparison of Fincantieri SpA's Liabilities-to-Assets

For the Aerospace & Defense subindustry, Fincantieri SpA's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fincantieri SpA's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fincantieri SpA's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Fincantieri SpA's Liabilities-to-Assets falls into.



Fincantieri SpA Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Fincantieri SpA's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=8275.885/8710.046
=0.95

Fincantieri SpA's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=8275.885/8710.046
=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.


Fincantieri SpA  (MIL:FCT) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Fincantieri SpA Liabilities-to-Assets Related Terms

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Fincantieri SpA (MIL:FCT) Business Description

Traded in Other Exchanges
Address
Via Genova No 1, Trieste, ITA, 34121
Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: equipment, systems, and services; shipbuilding; and offshore. The company's high-technology equipment and systems for ships provide stabilization, directional control, and power generation. Moreover, product lifecycle management and training generate aftermarket sales. The offshore segment builds drillships and drilling rigs with capabilities to operate in water. The company operates in various countries spreading across four continents (Europe, North America, South America, and Asia). It is not dependent on any specific country, as Italy generates the most sales.

Fincantieri SpA (MIL:FCT) Headlines

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