Cruzeiro do Sul Educacional (BSP:CSED3) LT-Debt-to-Total-Asset : 0.41 (As of Dec. 2023)

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What is Cruzeiro do Sul Educacional 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. Cruzeiro do Sul Educacional's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.41.

Cruzeiro do Sul Educacional's long-term debt to total assets ratio declined from Dec. 2022 (0.43) to Dec. 2023 (0.41). It may suggest that Cruzeiro do Sul Educacional is progressively becoming less dependent on debt to grow their business.

Cruzeiro do Sul Educacional LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cruzeiro do Sul Educacional'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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Cruzeiro do Sul Educacional LT-Debt-to-Total-Asset Chart

Cruzeiro do Sul Educacional Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.56

0.46

0.43

0.41

Cruzeiro do Sul Educacional Quarterly Data
	Mar19	Jun19	Sep19	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														0.43	0.42	0.42	0.40	0.41

Cruzeiro do Sul Educacional LT-Debt-to-Total-Asset Calculation

Cruzeiro do Sul Educacional'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 )
	=	1863.972	/	4515.809
	=	0.41

Cruzeiro do Sul Educacional'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 )
	=	1863.972	/	4515.809
	=	0.41

Cruzeiro do Sul Educacional (BSP:CSED3) 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.

Cruzeiro do Sul Educacional LT-Debt-to-Total-Asset Related Terms

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Cruzeiro do Sul Educacional (BSP:CSED3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cruzeiro do Sul Educacional SA (BSP:CSED3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Cesario Galeno, 448/475 - Tatuape, Sao Paulo, SP, BRA, 03071-000

Website

https://www.cruzeirodosuleducacional.edu.br

Cruzeiro do Sul Educacional SA is engaged in the business of providing education services. It provides higher education, graduate programs, postgraduate courses, childhood education, and technical education.

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