BMA (Banco Macro) Debt-to-Asset : 0.03 (As of Sep. 2024)

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What is Banco Macro Debt-to-Asset?

Banco Macro's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Banco Macro's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $489 Mil. Banco Macro's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $14,979 Mil. Banco Macro's debt to asset for the quarter that ended in Sep. 2024 was 0.03.

Banco Macro Debt-to-Asset Historical Data

The historical data trend for Banco Macro's Debt-to-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.

Banco Macro Debt-to-Asset Chart

Banco Macro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.07

0.05

0.04

0.06

Banco Macro Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.04	0.06	0.04	0.04	0.03

Competitive Comparison of Banco Macro's Debt-to-Asset

For the Banks - Regional subindustry, Banco Macro's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Banco Macro's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Macro's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Banco Macro's Debt-to-Asset falls into.

Banco Macro Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Banco Macro's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	1098.284)	/	18610.003
	=	0.06

Banco Macro's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	488.946)	/	14979.236
	=	0.03

Banco Macro (NYSE:BMA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Banco Macro Debt-to-Asset Related Terms

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Banco Macro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Macro SA (NYSE:BMA) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

BMA:Mexico B4W:Germany B4W:Germany BMA:Argentina

Address

Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172

Website

https://www.macro.com.ar

Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.