Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) LT-Debt-to-Total-Asset : 0.37 (As of Dec. 2023)

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What is Qualicorp Consultoria E Corretora De Seguros 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. Qualicorp Consultoria E Corretora De Seguros's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.37.

Qualicorp Consultoria E Corretora De Seguros's long-term debt to total assets ratio declined from Dec. 2022 (0.49) to Dec. 2023 (0.37). It may suggest that Qualicorp Consultoria E Corretora De Seguros is progressively becoming less dependent on debt to grow their business.

Qualicorp Consultoria E Corretora De Seguros LT-Debt-to-Total-Asset Historical Data

The historical data trend for Qualicorp Consultoria E Corretora De Seguros'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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Qualicorp Consultoria E Corretora De Seguros LT-Debt-to-Total-Asset Chart

Qualicorp Consultoria E Corretora De Seguros Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.41

0.30

0.07

0.49

0.37

Qualicorp Consultoria E Corretora De Seguros 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															0.49	0.48	0.36	0.36	0.37

Qualicorp Consultoria E Corretora De Seguros LT-Debt-to-Total-Asset Calculation

Qualicorp Consultoria E Corretora De Seguros'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 )
	=	1657.507	/	4509.325
	=	0.37

Qualicorp Consultoria E Corretora De Seguros'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 )
	=	1657.507	/	4509.325
	=	0.37

Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) 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.

Qualicorp Consultoria E Corretora De Seguros LT-Debt-to-Total-Asset Related Terms

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Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Qualicorp Consultoria E Corretora De Seguros SA (BSP:QUAL3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Doutor Plinio Barreto, 365, 1st Floor, Bela Vista, Sao Paulo, SP, BRA, 01313-020

Website

https://www.qualicorp.com.br

Qualicorp Consultoria E Corretora De Seguros SA is a full-service healthcare benefits administrator and health management service provider in Brazil. The company administers and manages health benefits by combining pre and post-sale services via a wide range of medical and administrative solutions designed to create value for its clients, customers and partners. It provides benefits administration, billing, benefits planning consulting, health insurance brokerage, health risk management services, analysis and reporting of loss ratios and third-party administration services. The Company has only one reportable segment: the Affinity segment. It operates in this segment through its subsidiaries.

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