Banco Sofisa (BSP:SFSA3) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2016)

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What is Banco Sofisa 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. Banco Sofisa's long-term debt to total assests ratio for the quarter that ended in Jun. 2016 was 0.08.

Banco Sofisa's long-term debt to total assets ratio declined from Jun. 2015 (0.16) to Jun. 2016 (0.08). It may suggest that Banco Sofisa is progressively becoming less dependent on debt to grow their business.

Banco Sofisa LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banco Sofisa'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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Banco Sofisa LT-Debt-to-Total-Asset Chart

Banco Sofisa Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

LT-Debt-to-Total-Asset

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0.16

0.23

0.13

0.10

Banco Sofisa Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.17	0.10	0.09	0.08

Banco Sofisa LT-Debt-to-Total-Asset Calculation

Banco Sofisa's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (A: Dec. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2015 )	/	Total Assets (A: Dec. 2015 )
	=	410.2	/	4161.238
	=	0.10

Banco Sofisa's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

LT Debt to Total Assets (Q: Jun. 2016 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2016 )	/	Total Assets (Q: Jun. 2016 )
	=	366.546	/	4492.345
	=	0.08

Banco Sofisa (BSP:SFSA3) 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.

Banco Sofisa LT-Debt-to-Total-Asset Related Terms

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Banco Sofisa (BSP:SFSA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Sofisa Sa (BSP:SFSA3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.sofisa.com.br

Banco Sofisa Sa was established in 1961. The Company is a publicly-held company under private law which, together with its subsidiaries, operates as multiple service bank through commercial, lending, financing, investment, foreign exchange and leasing portfolios. It provides loans to the small and midsized companies, the so-called middle-market.

Banco Sofisa (BSP:SFSA3) Headlines

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