Almacenes Exito (Almacenes Exito) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Almacenes Exito 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. Almacenes Exito's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.11.

Almacenes Exito's long-term debt to total assets ratio declined from Mar. 2023 (0.11) to Mar. 2024 (0.11). It may suggest that Almacenes Exito is progressively becoming less dependent on debt to grow their business.

Almacenes Exito LT-Debt-to-Total-Asset Historical Data

The historical data trend for Almacenes Exito'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.

Almacenes Exito LT-Debt-to-Total-Asset Chart

Almacenes Exito Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.11

0.12

0.11

0.09

Almacenes Exito 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															0.11	0.10	0.10	0.09	0.11

Almacenes Exito LT-Debt-to-Total-Asset Calculation

Almacenes Exito'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 )
	=	380.141	/	4079.504
	=	0.09

Almacenes Exito'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 )
	=	490.05	/	4404.615
	=	0.11

Almacenes Exito (NYSE:EXTO) 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.

Almacenes Exito LT-Debt-to-Total-Asset Related Terms

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

Almacenes Exito (Almacenes Exito) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Almacenes Exito SA (NYSE:EXTO) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

7QX:Germany EXITO:Columbia EXCO32:Brazil

Address

Carrera 48 No. 32 B Sur 139, Avenida Las Vegas, Envigado, COL, 3479

Website

https://www.grupoexito.com.co

Almacenes Exito SA is a Colombian retailer that operates in its homeland and overseas. The company operates stores under Grupo Exito in Colombia; Grupo Pao de Acucar in Brazil; Libertad in Argentina; and Disco, Devoto and Geant chains in Uruguay. Exito has a omnichannel, multiformat, and multibrand model. The company has e-commerce operations in Columbia under www.exito.com, www.carulla.com, and cdiscount.com.co, and in Brazil under Cnova.com. Its store offerings include groceries and food, clothing, home appliances, personal care products, and home-entertainment electronic and digital products.