Acosta VerdeB De CV (MEX:GAVA) LT-Debt-to-Total-Asset : 0.23 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Acosta VerdeB 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. Acosta VerdeB De CV's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.23.

Acosta VerdeB De CV's long-term debt to total assets ratio declined from Dec. 2022 (0.28) to Mar. 2024 (0.23). It may suggest that Acosta VerdeB De CV is progressively becoming less dependent on debt to grow their business.

Acosta VerdeB De CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Acosta VerdeB 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.

* Premium members only.

Acosta VerdeB De CV LT-Debt-to-Total-Asset Chart

Acosta VerdeB De CV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.37

0.32

0.30

0.28

Acosta VerdeB De CV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.28	0.26	0.26	0.24	0.23

Acosta VerdeB De CV LT-Debt-to-Total-Asset Calculation

Acosta VerdeB De CV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	5302.492	/	18782.471
	=	0.28

Acosta VerdeB 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 )
	=	4494.852	/	19248.841
	=	0.23

Acosta VerdeB De CV (MEX:GAVA) 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.

Acosta VerdeB De CV LT-Debt-to-Total-Asset Related Terms

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

Acosta VerdeB De CV (MEX:GAVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Acosta Verde SAB De CV (MEX:GAVA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

XMAD:UBS ROCO:5508 STC:ITA XTAE:AURA PHS:STR XTER:DMRE XTAE:LVPR XTAE:ASIM OSL:SBO ISX:KPIG

Traded in Other Exchanges

N/A

Address

Pedro R. Vazquez 200, Ucaly Corporate Park, San Pedro Garza Garcia, NL, MEX, 66269

Website

https://www.grupoav.com

Acosta Verde SAB De CV operates in the real estate industry. The company owns, develops, and manages shopping centers and other commercial properties. The group works as a team with brands such as Ley, Cinépolis, Woolworth, Del Sol, Suburbia, and, others. The main source of Acosta Verde's income is the lease income that comes from the rents that the lessees pay for the use of commercial spaces.

Acosta VerdeB De CV (MEX:GAVA) Headlines

No Headlines