Tv AztecaB de CV (Tv AztecaB de CV) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2022)

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

What is Tv AztecaB 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. Tv AztecaB de CV's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.08.

Tv AztecaB de CV's long-term debt to total assets ratio increased from Dec. 2021 (0.07) to Dec. 2022 (0.08). It may suggest that Tv AztecaB de CV is progressively becoming more dependent on debt to grow their business.

Tv AztecaB de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tv AztecaB 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.

Tv AztecaB de CV LT-Debt-to-Total-Asset Chart

Tv AztecaB 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

0.48

0.41

0.51

0.07

0.08

Tv AztecaB de CV Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.07	0.07	0.08

Tv AztecaB de CV LT-Debt-to-Total-Asset Calculation

Tv AztecaB 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 )
	=	97.879	/	1261.06
	=	0.08

Tv AztecaB de CV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	97.879	/	1261.06
	=	0.08

Tv AztecaB de CV (OTCPK:AZTEF) 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.

Tv AztecaB de CV LT-Debt-to-Total-Asset Related Terms

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

Tv AztecaB de CV (Tv AztecaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Tv Azteca SAB de CV (OTCPK:AZTEF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Periferico sur 4121, Col Fuentes del Pedregal, MEX

Website

http://www.irtvazteca.com

Tv Azteca SAB de CV is primarily involved in the production of Spanish-language television programming. It operates four television channels in Mexico: Azteca uno, which is oriented to women, Azteca 7 which focuses on contemporary families, adn40 which focuses on a first 24-hour informative television channel, and a + which is for a network of local signals. The company also owns two soccer teams of the first division of the Mexican Football Federation and operates Azteca Internet. It also produces a variety of content, including series, reality shows, news, broadcasts, sports broadcasts, music programs, contest shows, talk shows and variety shows. It derives most of its revenues from the sale of the television programming and has operations spread across Mexico.