Edison Spa (MIL:EDNR) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is Edison 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. Edison Spa's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Edison Spa's long-term debt to total assets ratio increased from Mar. 2023 (0.05) to Mar. 2024 (0.05). It may suggest that Edison Spa is progressively becoming more dependent on debt to grow their business.

Edison Spa LT-Debt-to-Total-Asset Historical Data

The historical data trend for Edison 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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Edison Spa LT-Debt-to-Total-Asset Chart

Edison Spa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.07

0.04

0.05

Edison Spa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.05	0.05	0.05	0.05

Edison Spa LT-Debt-to-Total-Asset Calculation

Edison 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 )
	=	696	/	13627
	=	0.05

Edison Spa'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 )
	=	682	/	13591
	=	0.05

Edison Spa (MIL:EDNR) 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.

Edison Spa LT-Debt-to-Total-Asset Related Terms

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Edison Spa (MIL:EDNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Edison Spa (MIL:EDNR) » Definitions » LT-Debt-to-Total-Asset

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0N4J:UK

Address

Foro Buonaparte, 31, Milano, ITA, 20121

Website

https://www.edison.it

Edison Spa is an Italian energy operator. It is principally engaged in procurement, production, and sale and supplying electricity, gas and energy, and environmental services to families and businesses. The company operates through three segments namely Electric Power Operations which produces electricity through hydroelectric, wind power, solar and biomass resources; the Hydrocarbons Operations which are engaged in the procurement and sale of natural gas; and Corporate Activities and Other are involved in managing and administering the company's affairs. It generates maximum revenue from the Hydrocarbons Operations segment.

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