Ermenegildo Zegna NV (Ermenegildo Zegna NV) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Ermenegildo Zegna NV 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. Ermenegildo Zegna NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.21.

Ermenegildo Zegna NV's long-term debt to total assets ratio declined from Dec. 2022 (0.21) to Dec. 2023 (0.21). It may suggest that Ermenegildo Zegna NV is progressively becoming less dependent on debt to grow their business.

Ermenegildo Zegna NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ermenegildo Zegna NV'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.

* Premium members only.

Ermenegildo Zegna NV LT-Debt-to-Total-Asset Chart

Ermenegildo Zegna NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.35

0.36

0.33

0.21

Ermenegildo Zegna NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.33	0.26	0.21	0.22	0.21

Ermenegildo Zegna NV LT-Debt-to-Total-Asset Calculation

Ermenegildo Zegna NV'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 )
	=	637.261	/	3017.46
	=	0.21

Ermenegildo Zegna NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	637.261	/	3017.46
	=	0.21

Ermenegildo Zegna NV (NYSE:ZGN) 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.

Ermenegildo Zegna NV LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Ermenegildo Zegna NV's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Ermenegildo Zegna NV (Ermenegildo Zegna NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ermenegildo Zegna NV (NYSE:ZGN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

JN0:Germany

Address

99/100 Viale Roma, Valdilana location, Trivero, ITA, 13835

Website

https://www.zegnagroup.com

Ermenegildo Zegna NV designs, creates and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear and accessories under the Thom Browne brand. It operates in two segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile and Third Party Brands) and the Thom Browne segment.