Grupo Financiero InbursaB de CV (Grupo Financiero InbursaB de CV) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2024)

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What is Grupo Financiero InbursaB 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. Grupo Financiero InbursaB de CV's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.11.

Grupo Financiero InbursaB de CV's long-term debt to total assets ratio declined from Dec. 2022 (0.13) to Mar. 2024 (0.11). It may suggest that Grupo Financiero InbursaB de CV is progressively becoming less dependent on debt to grow their business.

Grupo Financiero InbursaB de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Grupo Financiero InbursaB 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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Grupo Financiero InbursaB de CV LT-Debt-to-Total-Asset Chart

Grupo Financiero InbursaB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.20

0.18

0.17

0.14

0.13

Grupo Financiero InbursaB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.12	0.11	0.10	0.11

Grupo Financiero InbursaB de CV LT-Debt-to-Total-Asset Calculation

Grupo Financiero InbursaB 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 )
	=	3838.993	/	30424.497
	=	0.13

Grupo Financiero InbursaB de CV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	4899.265	/	45499.954
	=	0.11

Grupo Financiero InbursaB de CV (OTCPK:GPFOY) 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.

Grupo Financiero InbursaB de CV LT-Debt-to-Total-Asset Related Terms

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Grupo Financiero InbursaB de CV (Grupo Financiero InbursaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Inbursa SAB de CV (OTCPK:GPFOY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GPFOF:USA GFINBURO:Mexico 4FY:Germany

Address

Av. Paseo de las Palmas 736, Lomas de Chapultepec, Mexico DF, MEX, 11000

Website

http://www.inbursa.com

Grupo Financiero Inbursa SAB de CV is a Mexican financial services company. The company offers retail and commercial banking services. Banco do Brasil serves retail clients (small and midsize enterprises and individuals) and wholesale clients (corporations). The retail segment provides auto loans, mortgage loans, and personal credit cards.

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