Hercules Fabrica de Talheres (BSP:HETA4) LT-Debt-to-Total-Asset : 24.93 (As of Dec. 2023)

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What is Hercules Fabrica de Talheres 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. Hercules Fabrica de Talheres's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 24.93.

Hercules Fabrica de Talheres's long-term debt to total assets ratio increased from Dec. 2022 (24.69) to Dec. 2023 (24.93). It may suggest that Hercules Fabrica de Talheres is progressively becoming more dependent on debt to grow their business.

Hercules Fabrica de Talheres LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hercules Fabrica de Talheres'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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Hercules Fabrica de Talheres LT-Debt-to-Total-Asset Chart

Hercules Fabrica de Talheres Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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32.88

27.54

31.92

24.69

24.93

Hercules Fabrica de Talheres 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															24.69	23.46	23.54	25.53	24.93

Hercules Fabrica de Talheres LT-Debt-to-Total-Asset Calculation

Hercules Fabrica de Talheres'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 )
	=	324.582	/	13.018
	=	24.93

Hercules Fabrica de Talheres'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 )
	=	324.582	/	13.018
	=	24.93

Hercules Fabrica de Talheres (BSP:HETA4) 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.

Hercules Fabrica de Talheres LT-Debt-to-Total-Asset Related Terms

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Hercules Fabrica de Talheres (BSP:HETA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hercules SA Fabrica de Talheres (BSP:HETA4) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av Maria Coelho Aguiar 215 - Bloco G/1º Floor, Sao Paulo, SP, BRA, 5804900

Website

http://www.hercules.ind.br

Hercules SA Fabrica de Talheres is engaged in manufacturing, marketing, and licensing of cutlery and other tableware for domestic use, and import and export of these products, including raw materials and equipment.

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