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Embotelladora Andina (Embotelladora Andina) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2023)


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What is Embotelladora Andina 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. Embotelladora Andina's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.34.

Embotelladora Andina's long-term debt to total assets ratio increased from Dec. 2022 (0.26) to Dec. 2023 (0.34). It may suggest that Embotelladora Andina is progressively becoming more dependent on debt to grow their business.

Embotelladora Andina LT-Debt-to-Total-Asset Historical Data

The historical data trend for Embotelladora Andina'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.

Embotelladora Andina LT-Debt-to-Total-Asset Chart

Embotelladora Andina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.38 0.35 0.26 0.34

Embotelladora Andina Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-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 0.26 0.27 0.28 0.34 0.34

Embotelladora Andina LT-Debt-to-Total-Asset Calculation

Embotelladora Andina'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 )
=1136.235/3346.722
=0.34

Embotelladora Andina'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 )
=1136.235/3346.722
=0.34

* 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.

Embotelladora Andina  (NYSE:AKO.A) 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.

Embotelladora Andina LT-Debt-to-Total-Asset Related Terms

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Embotelladora Andina (Embotelladora Andina) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Embotelladora Andina SA (NYSE:AKO.A) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
XSGO:EMBONOR-B KO PEP MNST HKSE:09633 KDP LSE:CCEP NSE:VBL COCSF CELH AC LSE:CCH COKE TSE:2267 IST:CCOLA FIZZ SHSE:603156 HKSE:00220 TSX:PRMW TSE:2579
Traded in Other Exchanges
AKO.B:USA AKOA:Germany ANDINA-B:Chile ANDINA-A:Chile
Address
Miraflores 9153, 7th Floor, Renca, Santiago, CHL
Website
https://www.koandina.com
Embotelladora Andina SA is a Coca-Cola bottler in Latin America that produces carbonated soft drinks, water, fruit juices, energy drinks, and sports drinks that it sells under various Coca-Cola brands. Its geographic segment includes Chile, Brazil, Argentina, and Paraguay. The company also sells non-Coca-Cola branded teas, juices, beers, and spirits.

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