AKO.A (Embotelladora Andina) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2024)

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What is Embotelladora Andina 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. Embotelladora Andina's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.31.

Embotelladora Andina's long-term debt to total assets ratio declined from Dec. 2023 (0.34) to Dec. 2024 (0.31). It may suggest that Embotelladora Andina is progressively becoming less dependent on debt to grow their business.

Embotelladora Andina LT-Debt-to-Total-Asset Historical Data

The historical data trend for Embotelladora Andina'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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Embotelladora Andina LT-Debt-to-Total-Asset Chart

Embotelladora Andina Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.38

0.35

0.26

0.34

0.31

Embotelladora Andina Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.33	0.34	0.33	0.31

Embotelladora Andina LT-Debt-to-Total-Asset Calculation

Embotelladora Andina's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1040.796	/	3342.619
	=	0.31

Embotelladora Andina's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1040.796	/	3342.619
	=	0.31

Embotelladora Andina (NYSE:AKO.A) 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.

Embotelladora Andina LT-Debt-to-Total-Asset Related Terms

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Embotelladora Andina Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Embotelladora Andina SA (NYSE:AKO.A) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AKO.B:USA AKOA:Germany AKOB:Germany ANDINA-B:Chile ANDINA-A:Chile

Address

Miraflores 9153, 7th Floor, Renca, Santiago, CHL

Website

https://www.koandina.com

Embotelladora Andina SA is a Coca-Cola bottler in Latin America whose principal activity is produce, bottle, commercialize and distribute the products under registered trademarks of The Coca-Cola Company (TCCC), as well as commercialize and distribute some brands of other companies such as Monster, AB InBev, Diageo and Capel, among others. The Company maintains operations and is licensed to produce, commercialize and distribute such products in certain territories in Chile, Brazil, Argentina and Paraguay.