Azevedo E Travassos (BSP:AZEV4) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Azevedo E Travassos 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. Azevedo E Travassos's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Azevedo E Travassos's long-term debt to total assets ratio declined from Sep. 2023 (0.02) to Sep. 2024 (0.01). It may suggest that Azevedo E Travassos is progressively becoming less dependent on debt to grow their business.

Azevedo E Travassos LT-Debt-to-Total-Asset Historical Data

The historical data trend for Azevedo E Travassos'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.

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Azevedo E Travassos LT-Debt-to-Total-Asset Chart

Azevedo E Travassos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.01

Azevedo E Travassos 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															0.02	0.01	0.01	0.01	0.01

Azevedo E Travassos LT-Debt-to-Total-Asset Calculation

Azevedo E Travassos'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 )
	=	9.287	/	773.109
	=	0.01

Azevedo E Travassos'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 )
	=	8.531	/	777.7
	=	0.01

Azevedo E Travassos (BSP:AZEV4) 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.

Azevedo E Travassos LT-Debt-to-Total-Asset Related Terms

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Azevedo E Travassos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Azevedo E Travassos SA (BSP:AZEV4) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

AZEV3:Brazil

Address

Avenida das Nacoes Unidas, 12901, North Tower, 21st floor, Sao Paulo, SP, BRA, 2102

Website

https://www.azevedotravassos.com.br

Azevedo E Travassos SA is an engineering and construction contractor. The company's business areas include heavy and civil construction; electromechanical assembly; well drilling and completion; property development and oil exploration and production. It builds highways, roads, bridges, airports, residential, commercial, industrial health care and buildings, and others.

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