Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Aeris Industria E Comercio de Equipamentos para Geracao de Energia 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. Aeris Industria E Comercio de Equipamentos para Geracao de Energia's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.29.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia's long-term debt to total assets ratio declined from Dec. 2022 (0.36) to Dec. 2023 (0.29). It may suggest that Aeris Industria E Comercio de Equipamentos para Geracao de Energia is progressively becoming less dependent on debt to grow their business.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia LT-Debt-to-Total-Asset Chart

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.24

0.19

0.44

0.36

0.29

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.41	0.36	0.32	0.29

Aeris Industria E Comercio de Equipamentos para Geracao de Energia LT-Debt-to-Total-Asset Calculation

Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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 )
	=	1180.644	/	4014.481
	=	0.29

Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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 )
	=	1180.644	/	4014.481
	=	0.29

Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) 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.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Aeris Industria E Comercio de Equipamentos para Geracao de Energia's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeris Industria E Comercio de Equipamentos para Geracao de Energia SA (BSP:AERI3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rod. CE-155, km 02, Pecém Industrial and Port Complex, Caucaia, CE, BRA, 61680-000

Website

https://www.aerisenergy.com.br

Aeris Industria E Comercio de Equipamentos para Geracao de Energia SA operates in the renewable energy sector. The company is engaged in the manufacture of wind blades. Also, the company provides inspection, maintenance, and other after-sales services. The factory is located in the Northeast region of Brazil, near the city of Fortaleza, Ceara.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) Headlines

No Headlines