Simpar (BSP:SIMH3) LT-Debt-to-Total-Asset : 0.59 (As of Dec. 2024)

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What is Simpar 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. Simpar's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.59.

Simpar's long-term debt to total assets ratio increased from Dec. 2023 (0.59) to Dec. 2024 (0.59). It may suggest that Simpar is progressively becoming more dependent on debt to grow their business.

Simpar LT-Debt-to-Total-Asset Historical Data

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

Simpar Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.61

0.68

0.58

0.59

Simpar 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															0.59	0.59	0.59	0.60	0.59

Simpar LT-Debt-to-Total-Asset Calculation

Simpar's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	49853.85	/	84025.791
	=	0.59

Simpar'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 )
	=	49853.85	/	84025.791
	=	0.59

Simpar (BSP:SIMH3) 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.

Simpar LT-Debt-to-Total-Asset Related Terms

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Simpar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Simpar SA (BSP:SIMH3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Dr. Renato Paes de Barros no 1017, 10th Floor, conjunto 101, Itaim Bibi, Sao Paulo, SP, BRA, 04530-001

Website

https://ri.simpar.com.br

Simpar SA is a holding company, through its subsidiaries is engaged in road logistics services; rental and sale of trucks, machinery and equipment; public sector and mixed economy services; dealership of light vehicles; leasing, freight payment and financial services; and car rental of light vehicles. The group operates in seven reportable segments JSL, Movida, Vamos, CS Brasil, CS Infra, Automob, and BBC.

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