Pettenati Industria Textil (BSP:PTNT4) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Pettenati Industria Textil 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. Pettenati Industria Textil's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.30.

Pettenati Industria Textil's long-term debt to total assets ratio increased from Dec. 2023 (0.24) to Dec. 2024 (0.30). It may suggest that Pettenati Industria Textil is progressively becoming more dependent on debt to grow their business.

Pettenati Industria Textil LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pettenati Industria Textil'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.

Pettenati Industria Textil LT-Debt-to-Total-Asset Chart

Pettenati Industria Textil Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.16

0.12

0.15

0.23

Pettenati Industria Textil Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.23	0.23	0.31	0.30

Pettenati Industria Textil LT-Debt-to-Total-Asset Calculation

Pettenati Industria Textil's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	198.526	/	877.647
	=	0.23

Pettenati Industria Textil's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	329.124	/	1094.08
	=	0.30

Pettenati Industria Textil (BSP:PTNT4) 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.

Pettenati Industria Textil LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Pettenati Industria Textil's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Pettenati Industria Textil Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pettenati SA Industria Textil (BSP:PTNT4) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PTNT3:Brazil

Address

Rodovia RSC, 453 Km 2.4, Caxias Do Sul, RS, BRA, 95010550

Website

http://www.pettenati.com.br

Pettenati SA Industria Textil manufactures fabrics finished in mesh point and apparel. The company creates, develops, tests, manufactures and markets types of fabrics covering dyed woven and printed fabric types. The company's product line include Softs, Plushs, Half Meshes, Viscose and Sport Lines, among others.

Pettenati Industria Textil Headlines

No Headlines