Banco Patagonia (BUE:BPAA) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is Banco Patagonia 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 Patagonia's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Banco Patagonia's long-term debt to total assets ratio declined from Jun. 2023 (0.02) to Jun. 2024 (0.00). It may suggest that Banco Patagonia is progressively becoming less dependent on debt to grow their business.

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

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

Banco Patagonia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.02

Banco Patagonia Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.01	0.02	0.01	-

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

Banco Patagonia'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 )
	=	50818.816	/	2770009.248
	=	0.02

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	16358.904	/	4039320.481
	=	0.00

Banco Patagonia (BUE:BPAA) 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 Patagonia LT-Debt-to-Total-Asset Related Terms

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Banco Patagonia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Patagonia SA (BUE:BPAA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BPAT:Argentina

Address

Avenida de Mayo 701, 24th Floor, Buenos Aires, ARG

Website

https://www.bancopatagonia.com.ar

Banco Patagonia SA is a commercial bank based in Argentina. It provides products and services including savings accounts, checking accounts. It also provides mortgage loans, debit and credit cards, fixed-term deposits, consumer and commercial loans personal loans and other banking services. The company serves individuals, foreign residents, corporate customers, large companies, medium and small enterprises as well as agribusiness, private, financial, non-financial and government sector.

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