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LTM (LATAM Airlines Group) Debt-to-Asset : 0.49 (As of Jun. 2024)


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What is LATAM Airlines Group Debt-to-Asset?

LATAM Airlines Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $730 Mil. LATAM Airlines Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $6,487 Mil. LATAM Airlines Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $14,890 Mil. LATAM Airlines Group's debt to asset for the quarter that ended in Jun. 2024 was 0.48.


LATAM Airlines Group Debt-to-Asset Historical Data

The historical data trend for LATAM Airlines Group's Debt-to-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.

LATAM Airlines Group Debt-to-Asset Chart

LATAM Airlines Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.70 0.79 0.52 0.48

LATAM Airlines Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Asset 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 0.47 0.47 0.48 0.48 0.49

Competitive Comparison of LATAM Airlines Group's Debt-to-Asset

For the Airlines subindustry, LATAM Airlines Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


LATAM Airlines Group's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, LATAM Airlines Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where LATAM Airlines Group's Debt-to-Asset falls into.



LATAM Airlines Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

LATAM Airlines Group's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(695.361 + 6341.669) / 14667.315
=0.48

LATAM Airlines Group's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(730.399 + 6487.154) / 14890.022
=0.48

* 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.


LATAM Airlines Group  (NYSE:LTM) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


LATAM Airlines Group Debt-to-Asset Related Terms

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LATAM Airlines Group Business Description

Traded in Other Exchanges
Address
Avenida Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL
LATAM Airlines Group SA operates as a passenger airline group. Geographically, the company operates in Brazil, Chile, Colombia, Ecuador, and Peru, along with international operations within Latin America and to Europe, the US, and the Caribbean. The firm generates its revenue from transporting passengers and cargo.

LATAM Airlines Group Headlines

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