Tupy (BSP:TUPY4) LT-Debt-to-Total-Asset : 0.33 (As of Mar. 2024)

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

What is Tupy 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. Tupy's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.33.

Tupy's long-term debt to total assets ratio increased from Mar. 2023 (0.33) to Mar. 2024 (0.33). It may suggest that Tupy is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Tupy'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.

Tupy LT-Debt-to-Total-Asset Chart

Tupy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.28

0.30

0.28

0.32

0.30

Tupy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.32	0.32	0.30	0.33

Tupy LT-Debt-to-Total-Asset Calculation

Tupy'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 )
	=	3127.748	/	10284.745
	=	0.30

Tupy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	3518.745	/	10743.086
	=	0.33

Tupy (BSP:TUPY4) 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.

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

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

Tupy (BSP:TUPY4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tupy SA (BSP:TUPY4) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TUPY3:Brazil

Address

R Albano Schmidt 3400, Joinville, SC, BRA, 89227901

Website

http://ir.tupy.com.br

Tupy SA develop and produce cast iron structural components of high geometric and metallurgical complexity. It is engaged in two segments namely Cargo transportation, infrastructure, agriculture and power generation which includes Custom manufacturing of cast and machined products, with high technological content and added services, for global manufacturers of engines used in passenger cars, commercial vehicles, construction machinery, tractors, agricultural machinery, power generators, capital goods in general and engine assembly for third parties; and Distribution segments includes Distribution of self-made and third-party spare parts, malleable iron connections for the construction industry and cast iron profiles for diversified use.

Tupy (BSP:TUPY4) Headlines

No Headlines