Consorcio AraB de CV (Consorcio AraB de CV) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Consorcio AraB 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. Consorcio AraB de CV's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.05.

Consorcio AraB de CV's long-term debt to total assets ratio declined from Sep. 2022 (0.09) to Sep. 2023 (0.05). It may suggest that Consorcio AraB de CV is progressively becoming less dependent on debt to grow their business.

Consorcio AraB de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Consorcio AraB 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.

* Premium members only.

Consorcio AraB de CV LT-Debt-to-Total-Asset Chart

Consorcio AraB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.09

0.04

0.08

0.10

Consorcio AraB 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															0.09	0.10	0.10	0.09	0.05

Consorcio AraB de CV LT-Debt-to-Total-Asset Calculation

Consorcio AraB 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 )
	=	108.236	/	1137.167
	=	0.10

Consorcio AraB 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 )
	=	59.639	/	1298.391
	=	0.05

Consorcio AraB de CV (OTCPK:CNRFF) 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.

Consorcio AraB de CV LT-Debt-to-Total-Asset Related Terms

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

Consorcio AraB de CV (Consorcio AraB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Consorcio Ara SAB de CV (OTCPK:CNRFF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ARA:Mexico 4GJ:Germany

Address

Paseo de Tamarindos No. 90, Torre 1, Arcos Bosques Marco II, Piso 25, Bosques de las Lomas, Mexico, DF, MEX, 05120

Website

http://www.consorcioara.com.mx

Consorcio Ara SAB de CV is a Mexican housing development company. The company designs, develops, constructs, and markets low income, affordable entry level, middle income, and residential housing developments. In addition, the group rents mini-supermarkets under operating leases in Mexico. Consorcio derives the majority of its revenue offering its services to middle-income sector.

Consorcio AraB de CV (Consorcio AraB de CV) Headlines

From GuruFocus

Q4 2023 Consorcio Ara SAB de CV Earnings Call Transcript

By GuruFocus Research • 02-28-2024