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Livetech Da Bahia Industria E Comercio (BSP:LVTC3) LT-Debt-to-Total-Asset : 0.38 (As of Dec. 2023)


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What is Livetech Da Bahia Industria E Comercio 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. Livetech Da Bahia Industria E Comercio's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.38.

Livetech Da Bahia Industria E Comercio's long-term debt to total assets ratio increased from Dec. 2022 (0.35) to Dec. 2023 (0.38). It may suggest that Livetech Da Bahia Industria E Comercio is progressively becoming more dependent on debt to grow their business.


Livetech Da Bahia Industria E Comercio LT-Debt-to-Total-Asset Historical Data

The historical data trend for Livetech Da Bahia Industria E Comercio'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.

* Premium members only.

Livetech Da Bahia Industria E Comercio LT-Debt-to-Total-Asset Chart

Livetech Da Bahia Industria E Comercio Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.39 0.36 0.35 0.35 0.38

Livetech Da Bahia Industria E Comercio Quarterly Data
Dec18 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.37 0.38 0.37 0.38

Livetech Da Bahia Industria E Comercio LT-Debt-to-Total-Asset Calculation

Livetech Da Bahia Industria E Comercio'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 )
=518.793/1353.051
=0.38

Livetech Da Bahia Industria E Comercio'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 )
=518.793/1353.051
=0.38

* 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.


Livetech Da Bahia Industria E Comercio  (BSP:LVTC3) 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.


Livetech Da Bahia Industria E Comercio LT-Debt-to-Total-Asset Related Terms

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Livetech Da Bahia Industria E Comercio (BSP:LVTC3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Gomes de Carvalho, 1609, Vila Olimpia, Sao Paulo, SP, BRA, 04547-006
Livetech Da Bahia Industria E Comercio SA is a technology company focused on telecommunications optical fiber and corporate sectors. It has a broad portfolio that offers solutions for broadband internet via optical fiber, Electronic Security, IP Telephony (VoIP), WI-FI Networks, Data Centers, Cybersecurity, Professional Audio and Video, Smart- Home and Solar Energy.

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