Industrias PenolesB de CV (FRA:4FO) LT-Debt-to-Total-Asset : 0.25 (As of Dec. 2024)

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What is Industrias PenolesB de CV 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. Industrias PenolesB de CV's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.25.

Industrias PenolesB de CV's long-term debt to total assets ratio declined from Dec. 2023 (0.27) to Dec. 2024 (0.25). It may suggest that Industrias PenolesB de CV is progressively becoming less dependent on debt to grow their business.

Industrias PenolesB de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Industrias PenolesB de CV'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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Industrias PenolesB de CV LT-Debt-to-Total-Asset Chart

Industrias PenolesB de CV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.32

0.30

0.26

0.27

0.25

Industrias PenolesB de CV 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															0.27	0.27	0.26	0.26	0.25

Industrias PenolesB de CV LT-Debt-to-Total-Asset Calculation

Industrias PenolesB de CV'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 )
	=	2484.651	/	9807.211
	=	0.25

Industrias PenolesB de CV'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 )
	=	2484.651	/	9807.211
	=	0.25

Industrias PenolesB de CV (FRA:4FO) 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.

Industrias PenolesB de CV LT-Debt-to-Total-Asset Related Terms

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Industrias PenolesB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Industrias Penoles SAB de CV (FRA:4FO) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

IPOAF:USA PE&OLES:Mexico

Address

BAL Corporate, Calzada Legaria No. 549, Torre 2 Colonia 10 de abril Delegacion Miguel Hida, Mexico City, DF, MEX, 11250

Website

https://www.penoles.com.mx

Industrias Penoles SAB de CV engages in the exploration, extraction, and sale of mineral concentrates and ores in Mexico, Europe, Asia, North America, South America, and internationally. It operates through Precious Metal, Base Metal, Metallurgical, and Other segments. The company is also involved in the smelting and refining of non-ferrous metals. It explores zinc, copper, gold, silver, bismuth deposits, and Others.

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