Loma Negra Cia Industria Argentina (BUE:LOMA) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Loma Negra Cia Industria Argentina 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. Loma Negra Cia Industria Argentina's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.11.

Loma Negra Cia Industria Argentina's long-term debt to total assets ratio declined from Sep. 2023 (0.11) to Sep. 2024 (0.11). It may suggest that Loma Negra Cia Industria Argentina is progressively becoming less dependent on debt to grow their business.

Loma Negra Cia Industria Argentina LT-Debt-to-Total-Asset Historical Data

The historical data trend for Loma Negra Cia Industria Argentina'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.

Loma Negra Cia Industria Argentina LT-Debt-to-Total-Asset Chart

Loma Negra Cia Industria Argentina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.03

0.01

0.05

0.18

Loma Negra Cia Industria Argentina 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															0.11	0.18	0.12	0.11	0.11

Loma Negra Cia Industria Argentina LT-Debt-to-Total-Asset Calculation

Loma Negra Cia Industria Argentina'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 )
	=	112918.347	/	638844.894
	=	0.18

Loma Negra Cia Industria Argentina'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 )
	=	137053.529	/	1291880.912
	=	0.11

Loma Negra Cia Industria Argentina (BUE:LOMA) 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.

Loma Negra Cia Industria Argentina LT-Debt-to-Total-Asset Related Terms

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

Loma Negra Cia Industria Argentina Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Loma Negra Cia Industria Argentina SA (BUE:LOMA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LOMA:USA 8LN:Germany

Address

Boulevard Cecilia Grierson 355, Piso 4, 4th Floor, Buenos Aires, ARG, C1107CPG

Website

https://www.lomanegra.com

Loma Negra Cia Industria Argentina SA is a cement producer in Argentina. The company operates in five segments: Cement, masonry cement, and lime; Concrete; Rail services; Aggregates; and Others. The majority of its revenue Derives from Cement, masonry cement, and lime segment.