BNZIF LT-Debt-to-Total-Asset: 0.03 (As of Dec. 2023)


BNZIF Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero BNZIF
8 GF Score
Price $0.49
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What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero LT-Debt-to-Total-Asset?

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero BNZIF 8 LT-Debt-to-Total-Asset is 0.03 as of Dec. 2023. GuruFocus rates BNZIF with a GF Score™ of 8/100.

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. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's long-term debt to total assets ratio declined from Dec. 2021 (0.05) to Dec. 2023 (0.03). It may suggest that Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero is progressively becoming less dependent on debt to grow their business.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero  (OTCPK:BNZIF) 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero LT-Debt-to-Total-Asset Related Terms

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero LT-Debt-to-Total-Asset Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.05 0.07 0.03

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.05 0.07 0.03
BNZIF
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Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero BNZIF
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero LT-Debt-to-Total-Asset Calculation

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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 )
=308.349/9205.062
=0.03

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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 )
=308.349/9205.062
=0.03

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.03 mean?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (BNZIF) has a LT-Debt-to-Total-Asset of 0.03 as of Dec. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero and its competitors.
Is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's LT-Debt-to-Total-Asset too high?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's current LT-Debt-to-Total-Asset is 0.03. Overall, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's LT-Debt-to-Total-Asset compare to PNC and USB?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's LT-Debt-to-Total-Asset of 0.03 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Banks company?
A good LT-Debt-to-Total-Asset depends on the Banks industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero and its competitors. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's current LT-Debt-to-Total-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero stock overvalued right now?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (BNZIF) has a current LT-Debt-to-Total-Asset of 0.03. The current LT-Debt-to-Total-Asset is 0.03. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (BNZIF), the current LT-Debt-to-Total-Asset is 0.03 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Address Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.
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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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