Agrogalaxy Participacoes (BSP:AGXY3) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Agrogalaxy Participacoes 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. Agrogalaxy Participacoes's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Agrogalaxy Participacoes's long-term debt to total assets ratio declined from Dec. 2022 (0.11) to Dec. 2023 (0.02). It may suggest that Agrogalaxy Participacoes is progressively becoming less dependent on debt to grow their business.

Agrogalaxy Participacoes LT-Debt-to-Total-Asset Historical Data

The historical data trend for Agrogalaxy Participacoes'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.

Agrogalaxy Participacoes LT-Debt-to-Total-Asset Chart

Agrogalaxy Participacoes Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.02

0.05

0.11

0.02

Agrogalaxy Participacoes Quarterly Data
	Dec16	Dec17	Dec18	Sep19	Dec19	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														0.11	0.09	0.12	0.09	0.02

Agrogalaxy Participacoes LT-Debt-to-Total-Asset Calculation

Agrogalaxy Participacoes'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 )
	=	134.132	/	7714.016
	=	0.02

Agrogalaxy Participacoes'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 )
	=	134.132	/	7714.016
	=	0.02

Agrogalaxy Participacoes (BSP:AGXY3) 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.

Agrogalaxy Participacoes LT-Debt-to-Total-Asset Related Terms

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

Agrogalaxy Participacoes (BSP:AGXY3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Agrogalaxy Participacoes SA (BSP:AGXY3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Cidade Jardim, No. 803, 6th Floor, Conjunto 62, Room 3B, Sao Paulo, SP, BRA, CEP 01453-000

Website

https://ri.agrogalaxy.com.br

Agrogalaxy Participacoes SA operates as an investment fund with a focus on the agribusiness value chain in Brazil and South America.

Agrogalaxy Participacoes (BSP:AGXY3) Headlines

No Headlines