BecleB de CV (BecleB de CV) LT-Debt-to-Total-Asset : 0.19 (As of Sep. 2023)

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What is BecleB de CV 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. BecleB de CV's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.19.

BecleB de CV's long-term debt to total assets ratio declined from Sep. 2022 (0.22) to Sep. 2023 (0.19). It may suggest that BecleB de CV is progressively becoming less dependent on debt to grow their business.

BecleB de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for BecleB de CV'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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BecleB de CV LT-Debt-to-Total-Asset Chart

BecleB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.15

0.16

0.14

0.21

0.20

BecleB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.20	0.20	0.18	0.19

BecleB de CV LT-Debt-to-Total-Asset Calculation

BecleB de CV'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 )
	=	1021.673	/	5019.806
	=	0.20

BecleB de CV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	1031.753	/	5566.483
	=	0.19

BecleB de CV (OTCPK:BCCLF) 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.

BecleB de CV LT-Debt-to-Total-Asset Related Terms

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BecleB de CV (BecleB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Becle SAB de CV (OTCPK:BCCLF) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

CUERVO:Mexico 6BE:Germany

Address

Guillermo Gonzalez Camarena No. 800-4, Col. Zedec Santa Fe, Santa Fe, MEX, 01210

Website

https://www.ircuervo.com

Becle SAB de CV is a Mexico-based company operating in the liquor industry. It operates as a spirit company engaged in producing, selling and distributing spirits and liquors. The product portfolio of the company comprises whiskey, rum, and tequila, among others. The company sells its products across Mexico and around the world. Its portfolio comprises different brands such as 1800, Bushmills, Boodles, Hangar, Maestro Tequilero, Kraken, and others.

BecleB de CV (BecleB de CV) Headlines

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Becle SAB de CV Stock Is Estimated To Be Significantly Overvalued

By GF Value • 06-16-2021

Becle SAB de CV to Host Earnings Call

By [email protected] [email protected] • 07-24-2019