Soluciones Cuatroochenta (XMAD:480S) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2023)

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What is Soluciones Cuatroochenta 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. Soluciones Cuatroochenta's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.26.

Soluciones Cuatroochenta's long-term debt to total assets ratio declined from Dec. 2022 (0.27) to Dec. 2023 (0.26). It may suggest that Soluciones Cuatroochenta is progressively becoming less dependent on debt to grow their business.

Soluciones Cuatroochenta LT-Debt-to-Total-Asset Historical Data

The historical data trend for Soluciones Cuatroochenta'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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Soluciones Cuatroochenta LT-Debt-to-Total-Asset Chart

Soluciones Cuatroochenta Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.23

0.19

0.30

0.27

0.26

Soluciones Cuatroochenta Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.30	0.29	0.27	0.22	0.26

Soluciones Cuatroochenta LT-Debt-to-Total-Asset Calculation

Soluciones Cuatroochenta'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 )
	=	7.982	/	30.866
	=	0.26

Soluciones Cuatroochenta'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 )
	=	7.982	/	30.866
	=	0.26

Soluciones Cuatroochenta (XMAD:480S) 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.

Soluciones Cuatroochenta LT-Debt-to-Total-Asset Related Terms

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Soluciones Cuatroochenta (XMAD:480S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Soluciones Cuatroochenta SA (XMAD:480S) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Edificio Espaitec 2, Universitat Jaume I, Avenida de Vicent Sos Baynat s / n, Castellon, ESP, 12071

Website

https://www.cuatroochenta.com

Soluciones Cuatroochenta SA is a technology company developing and implementing digital cloud solutions to meet the challenges and objectives of its clients located in Europe and Latin America. The company, which started as an app development company, has become a solvent technological partner undertaking digital transformations with the powerful management and cybersecurity solutions. This omnichannel service can be tailored to the needs of each organization in order to improve their performance. Its main business models are the development of ad hoc apps for third parties, its own products such as Sefici (process optimization with app and web technology) and 480interactive (software to create apps without programming knowledge), revenue agreements share and participated projects.

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