Altri SGPS (LTS:0DJV) LT-Debt-to-Total-Asset : 0.35 (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Altri SGPS 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. Altri SGPS's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.35.

Altri SGPS's long-term debt to total assets ratio declined from Sep. 2023 (0.40) to Sep. 2024 (0.35). It may suggest that Altri SGPS is progressively becoming less dependent on debt to grow their business.

Altri SGPS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Altri SGPS'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.

Altri SGPS LT-Debt-to-Total-Asset Chart

Altri SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.44

0.42

0.23

0.35

0.42

Altri SGPS 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															0.40	0.42	0.44	0.43	0.35

Altri SGPS LT-Debt-to-Total-Asset Calculation

Altri SGPS'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 )
	=	556.065	/	1314.95
	=	0.42

Altri SGPS'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 )
	=	453.589	/	1302.434
	=	0.35

Altri SGPS (LTS:0DJV) 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.

Altri SGPS LT-Debt-to-Total-Asset Related Terms

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

Altri SGPS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Altri SGPS SA (LTS:0DJV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ALTR:Portugal ALTRu:UK

Address

Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320

Website

https://www.altri.pt

Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. It focuses on the production of cellulosic fibers through three production units. The company produces cellulosic fibers for various applications, from printing and writing paper to domestic papers and the textile industry. The company generates maximum revenue from Sale of Cellulosic Fiber.

Altri SGPS Headlines

No Headlines