Banco Pan (BSP:BPAN4) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

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What is Banco Pan 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 Pan's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

Banco Pan's long-term debt to total assets ratio declined from Dec. 2022 (0.12) to Dec. 2023 (0.09). It may suggest that Banco Pan is progressively becoming less dependent on debt to grow their business.

Banco Pan LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banco Pan'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 Pan LT-Debt-to-Total-Asset Chart

Banco Pan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.03

0.04

0.12

0.09

Banco Pan 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															0.12	-	-	-	0.09

Banco Pan LT-Debt-to-Total-Asset Calculation

Banco Pan'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 )
	=	5067.437	/	57803.118
	=	0.09

Banco Pan'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 )
	=	5067.437	/	57803.118
	=	0.09

Banco Pan (BSP:BPAN4) 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 Pan LT-Debt-to-Total-Asset Related Terms

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Banco Pan (BSP:BPAN4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Pan SA (BSP:BPAN4) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Avenue Paulista 1374, 12th Floor, Sao Paulo, SP, BRA, 1310300

Website

https://www.bancopan.com.br

Banco Pan SA is a Brazil-based company engaged in operating in the banking industry. It is principally engaged in the business activity of providing financial services such as vehicle financing, consumer lending, debts renegotiation, insurance services, credit card and others.

Banco Pan (BSP:BPAN4) Headlines

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