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BBXIB (BBX Capital) LT-Debt-to-Total-Asset : 0.30 (As of Sep. 2024)


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What is BBX Capital 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. BBX Capital's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.30.

BBX Capital's long-term debt to total assets ratio increased from Sep. 2023 (0.21) to Sep. 2024 (0.30). It may suggest that BBX Capital is progressively becoming more dependent on debt to grow their business.


BBX Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for BBX Capital'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.

BBX Capital LT-Debt-to-Total-Asset Chart

BBX Capital Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.37 0.09 0.21 0.23 0.24

BBX Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.24 0.27 0.29 0.30

BBX Capital LT-Debt-to-Total-Asset Calculation

BBX Capital'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 )
=164.347/674.242
=0.24

BBX Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=192.511/642.096
=0.30

* 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.


BBX Capital  (OTCPK:BBXIB) 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.


BBX Capital LT-Debt-to-Total-Asset Related Terms

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BBX Capital Business Description

Traded in Other Exchanges
Address
201 East Las Olas Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33301
BBX Capital Inc is a diversified holding company. Its reportable segments are BBX Capital Real Estate, BBX Sweet Holdings, and Renin. It derives maximum profit from BBX Capital Real Estate segment.

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