Grupo PosadasB de CV (MEX:POSADASA) LT-Debt-to-Total-Asset : 0.47 (As of Mar. 2024)

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What is Grupo PosadasB 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. Grupo PosadasB de CV's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.47.

Grupo PosadasB de CV's long-term debt to total assets ratio declined from Mar. 2023 (0.54) to Mar. 2024 (0.47). It may suggest that Grupo PosadasB de CV is progressively becoming less dependent on debt to grow their business.

Grupo PosadasB de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Grupo PosadasB 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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Grupo PosadasB de CV LT-Debt-to-Total-Asset Chart

Grupo PosadasB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.54

0.20

0.60

0.56

0.48

Grupo PosadasB 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															0.54	0.51	0.51	0.48	0.47

Grupo PosadasB de CV LT-Debt-to-Total-Asset Calculation

Grupo PosadasB 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 )
	=	8742.521	/	18249.933
	=	0.48

Grupo PosadasB 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 )
	=	8935.374	/	18961.924
	=	0.47

Grupo PosadasB de CV (MEX:POSADASA) 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.

Grupo PosadasB de CV LT-Debt-to-Total-Asset Related Terms

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Grupo PosadasB de CV (MEX:POSADASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grupo Posadas SAB de CV (MEX:POSADASA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GPSAF:USA

Address

Prolongacion Paseo de la Reforma 1015, Torre A, Piso 9, Col. Santa Fe Cuajimalpa, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05348

Website

http://www.posadas.com

Grupo Posadas SAB de CV is a Mexico-based company engaged in the hospitality industry. Its principal activities include construction, purchase, leasing, promotion, franchising, operation and management of hotels. The company's operating segment includes Hotel operation; Vacation Club; Hotel management, brand and other and Sale of non-strategic properties. It generates maximum revenue from the Hotel operation segment.

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