Arca ContinentalB de CV (FRA:AJZ) LT-Debt-to-Total-Asset : 0.16 (As of Mar. 2024)

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What is Arca ContinentalB 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. Arca ContinentalB de CV's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.16.

Arca ContinentalB de CV's long-term debt to total assets ratio increased from Mar. 2023 (0.16) to Mar. 2024 (0.16). It may suggest that Arca ContinentalB de CV is progressively becoming more dependent on debt to grow their business.

Arca ContinentalB de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Arca ContinentalB 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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Arca ContinentalB de CV LT-Debt-to-Total-Asset Chart

Arca ContinentalB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

0.18

0.17

0.16

0.14

Arca ContinentalB de CV 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															0.16	0.15	0.14	0.14	0.16

Arca ContinentalB de CV LT-Debt-to-Total-Asset Calculation

Arca ContinentalB de CV'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 )
	=	1827.617	/	12908.23
	=	0.14

Arca ContinentalB de CV'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 )
	=	2184.346	/	13401.586
	=	0.16

Arca ContinentalB de CV (FRA:AJZ) 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.

Arca ContinentalB de CV LT-Debt-to-Total-Asset Related Terms

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Arca ContinentalB de CV (FRA:AJZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Arca Continental SAB de CV (FRA:AJZ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EMBVF:USA AC:Mexico

Address

Avenue San Jeronimo 813 Pte, Monterrey, NL, MEX, 64640

Website

https://www.arcacontal.com

Arca Continental is a major bottler for Coca-Cola, generating 94% of sales and nearly all profits by manufacturing and distributing sodas and nonsparkling drinks under Coca-Cola brands, which it sells to retailers and foodservice providers in the U.S. and Latin America. Food and snacks under Arca's own brands make up the rest of its business. By region, Mexico remains the largest beverage market contributing 40% of sales, followed by the U.S. (35%), Peru (8%), Ecuador (6%), and Argentina (5%). Coca-Cola has a 20% stake in AC Beverages, the entity that holds Arca's beverage assets in the U.S. and Latin America.

Arca ContinentalB de CV (FRA:AJZ) Headlines

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