Greenthesis SpA (STU:SJW) LT-Debt-to-Total-Asset : 0.24 (As of Jun. 2023)

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What is Greenthesis 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. Greenthesis SpA's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.24.

Greenthesis SpA's long-term debt to total assets ratio increased from Jun. 2022 (0.23) to Jun. 2023 (0.24). It may suggest that Greenthesis SpA is progressively becoming more dependent on debt to grow their business.

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

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

Greenthesis SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.20

0.23

Greenthesis SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.23	0.23	0.24	-

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

Greenthesis 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 )
	=	78.328	/	344.819
	=	0.23

Greenthesis 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 )
	=	81.728	/	347.282
	=	0.24

Greenthesis SpA (STU:SJW) 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.

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

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Greenthesis SpA (STU:SJW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Greenthesis SpA (STU:SJW) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

GTH:Italy

Address

Via Cassanese, 45, Segrate, Milan, ITA, 20090

Website

https://www.greenthesisgroup.com

Greenthesis SpA is engaged in reclamation, environmental remediation, and treatment, recovery, and disposal of special, dangerous and non-hazardous waste. The company activity is carried out in following business unit namely, environmental bans and rehabilitation, disposal and recovery of industrial waste and design, construction and management of systems for the disposal and recovery of industrial waste and energy production.