Banco Hipotecario (Banco Hipotecario) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

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What is Banco Hipotecario 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. Banco Hipotecario's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Banco Hipotecario's long-term debt to total assets ratio declined from Dec. 2022 (0.05) to Dec. 2023 (0.04). It may suggest that Banco Hipotecario is progressively becoming less dependent on debt to grow their business.

Banco Hipotecario LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banco Hipotecario'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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Banco Hipotecario LT-Debt-to-Total-Asset Chart

Banco Hipotecario Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.33

0.14

0.06

0.05

0.04

Banco Hipotecario 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															0.05	0.05	0.03	0.03	0.04

Banco Hipotecario LT-Debt-to-Total-Asset Calculation

Banco Hipotecario'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 )
	=	147.494	/	4198.533
	=	0.04

Banco Hipotecario'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 )
	=	147.494	/	4198.533
	=	0.04

Banco Hipotecario (OTCPK:BCOHY) 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.

Banco Hipotecario LT-Debt-to-Total-Asset Related Terms

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Banco Hipotecario (Banco Hipotecario) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Hipotecario SA (OTCPK:BCOHY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BHIP:Argentina

Address

Reconquista 151, Buenos Aires, ARG

Website

http://www.hipotecario.com.ar

Banco Hipotecario SA acts as a banking corporation based in Argentina. The company's operating segment includes Finance, Wholesale Banking, Retail Banking, and Others. Retail Banking segment includes loans granted and other credit products, such as deposit taking from individuals. The Wholesale Banking segment encompasses corporate and financial advice, as well as asset management and loans to large customers. It generates maximum revenue from the Retail banking segment. Some of its product include mortgage credits, personal loans, insurance, cash management, and others. Geographically, it operates only in Argentina.