Randon Implementos E Participacoes (BSP:RAPT4) LT-Debt-to-Total-Asset : 0.34 (As of Sep. 2024)

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What is Randon Implementos E Participacoes 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. Randon Implementos E Participacoes's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.34.

Randon Implementos E Participacoes's long-term debt to total assets ratio declined from Sep. 2023 (0.35) to Sep. 2024 (0.34). It may suggest that Randon Implementos E Participacoes is progressively becoming less dependent on debt to grow their business.

Randon Implementos E Participacoes LT-Debt-to-Total-Asset Historical Data

The historical data trend for Randon Implementos E Participacoes'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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Randon Implementos E Participacoes LT-Debt-to-Total-Asset Chart

Randon Implementos E Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.38

0.31

0.29

0.37

0.34

Randon Implementos E Participacoes Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.34	0.35	0.34	0.34

Randon Implementos E Participacoes LT-Debt-to-Total-Asset Calculation

Randon Implementos E Participacoes'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 )
	=	4364.944	/	12820.143
	=	0.34

Randon Implementos E Participacoes's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	4750.408	/	13931.994
	=	0.34

Randon Implementos E Participacoes (BSP:RAPT4) 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.

Randon Implementos E Participacoes LT-Debt-to-Total-Asset Related Terms

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Randon Implementos E Participacoes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Randon SA Implementos E Participacoes (BSP:RAPT4) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RAPT3:Brazil

Address

Av Abramo Randon 770, Caxias Do Sul, RS, BRA, 95055010

Website

http://www.randon.com.br

Randon SA Implementos E Participacoes is a Brazil-based company primarily engaged in the manufacture of heavy vehicles and parts. The company is engaged in the following segments Road / Railroad Equipment & Specialty Vehicles, Auto Parts and Services and others. Its products include various wagon types, platform, tank, sider and telescopic, as well as off-road trucks, truck bodies, trailers and semi-trailers, brake and transmission system. The firm generates its major part of the revenue from road, railroad equipment and specialty vehicles segment.

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