Banco do Brasil BB Brasil (BSP:BBAS3) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2024)

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What is Banco do Brasil BB Brasil 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. Banco do Brasil BB Brasil's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.15.

Banco do Brasil BB Brasil's long-term debt to total assets ratio declined from Sep. 2023 (0.15) to Sep. 2024 (0.15). It may suggest that Banco do Brasil BB Brasil is progressively becoming less dependent on debt to grow their business.

Banco do Brasil BB Brasil LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banco do Brasil BB Brasil'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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Banco do Brasil BB Brasil LT-Debt-to-Total-Asset Chart

Banco do Brasil BB Brasil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.11

0.09

0.08

0.06

Banco do Brasil BB Brasil 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															0.15	0.06	0.06	0.15	0.15

Banco do Brasil BB Brasil LT-Debt-to-Total-Asset Calculation

Banco do Brasil BB Brasil'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 )
	=	138068.657	/	2172479.983
	=	0.06

Banco do Brasil BB Brasil'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 )
	=	369588.619	/	2436404.436
	=	0.15

Banco do Brasil BB Brasil (BSP:BBAS3) 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 do Brasil BB Brasil LT-Debt-to-Total-Asset Related Terms

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Banco do Brasil BB Brasil Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco do Brasil SA BB Brasil (BSP:BBAS3) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

BDORY:USA BZLA:Germany

Address

Setor de Autarquias Norte, Quadra 5, Lote B, Edificio Banco do Brasil, Brasilia, DF, BRA, 70040-911

Website

https://www.bb.com.br

Banco do Brasil SA BB Brasil is a Brazilian financial services company present in several countries. The business segments are Banking, Investments, Fund Management, Insurance, Electronic payments, and others. Majority of the revenue is generated from its Banking segment. Banco do Brasil serves retail clients (small and midsize enterprises and individuals), wholesale clients (corporations), and public institutions. The products and services portfolio includes accounts, Loans, cards, financing, and others.

Banco do Brasil BB Brasil Headlines

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