Grupo Casas Bahia (BSP:BHIA3) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

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What is Grupo Casas Bahia 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. Grupo Casas Bahia's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

Grupo Casas Bahia's long-term debt to total assets ratio declined from Dec. 2022 (0.17) to Dec. 2023 (0.16). It may suggest that Grupo Casas Bahia is progressively becoming less dependent on debt to grow their business.

Grupo Casas Bahia LT-Debt-to-Total-Asset Historical Data

The historical data trend for Grupo Casas Bahia'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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Grupo Casas Bahia LT-Debt-to-Total-Asset Chart

Grupo Casas Bahia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

0.17

0.21

0.17

0.16

Grupo Casas Bahia Quarterly Data
	Mar19	Jun19	Sep19	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															0.17	0.18	0.18	0.16	0.16

Grupo Casas Bahia LT-Debt-to-Total-Asset Calculation

Grupo Casas Bahia'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 )
	=	5041	/	31996
	=	0.16

Grupo Casas Bahia'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 )
	=	5041	/	31996
	=	0.16

Grupo Casas Bahia (BSP:BHIA3) 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.

Grupo Casas Bahia LT-Debt-to-Total-Asset Related Terms

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Grupo Casas Bahia (BSP:BHIA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo Casas Bahia SA (BSP:BHIA3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VIAYY:USA

Address

Eldorado Business Tower Avenue, 8501 – 23rd floor, Pinheiros, Sao Caetano do Sul, SP, BRA, CEP 05425-070

Website

https://www.via.com.br

Grupo Casas Bahia SA formerly Via SA is a Brazil-based retailer that is principally engaged in the sale of consumer electronics, home appliances, mobile phones, and furniture. The company also provides credit card services to clients. The company operates through two traditional retail brand chains in Brazil; Casas Bahia and Pontofrio. Over two-thirds of the company's stores are under the Casas Bahia name, and all of its stores are located in Brazil. In addition to physical stores, the company also sells products through its websites of CNova.

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