Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)

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What is Plano & Plano Desenvolvimento Imobiliario 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. Plano & Plano Desenvolvimento Imobiliario's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

Plano & Plano Desenvolvimento Imobiliario's long-term debt to total assets ratio declined from Dec. 2022 (0.28) to Dec. 2023 (0.14). It may suggest that Plano & Plano Desenvolvimento Imobiliario is progressively becoming less dependent on debt to grow their business.

Plano & Plano Desenvolvimento Imobiliario LT-Debt-to-Total-Asset Historical Data

The historical data trend for Plano & Plano Desenvolvimento Imobiliario'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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Plano & Plano Desenvolvimento Imobiliario LT-Debt-to-Total-Asset Chart

Plano & Plano Desenvolvimento Imobiliario Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.31

0.28

0.14

Plano & Plano Desenvolvimento Imobiliario Quarterly Data
	Dec18	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															0.28	0.24	0.24	0.17	0.14

Plano & Plano Desenvolvimento Imobiliario LT-Debt-to-Total-Asset Calculation

Plano & Plano Desenvolvimento Imobiliario'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 )
	=	292.754	/	2039.019
	=	0.14

Plano & Plano Desenvolvimento Imobiliario'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 )
	=	292.754	/	2039.019
	=	0.14

Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) 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.

Plano & Plano Desenvolvimento Imobiliario LT-Debt-to-Total-Asset Related Terms

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Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Plano & Plano Desenvolvimento Imobiliario SA (BSP:PLPL3) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Rua Samuel Morse, no 74, conjunto no 132, parte, Brooklin, Sao Paulo, SP, BRA, 04576-060

Website

https://www.planoeplano.com.br

Plano & Plano Desenvolvimento Imobiliario SA is one of the largest construction companies and real estate developers in the Sao Paulo Metropolitan Region.

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