Regional de Cv (MEX:RA) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

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What is Regional 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. Regional de Cv's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Regional de Cv's long-term debt to total assets ratio declined from Dec. 2022 (0.04) to Mar. 2024 (0.03). It may suggest that Regional de Cv is progressively becoming less dependent on debt to grow their business.

Regional de Cv LT-Debt-to-Total-Asset Historical Data

The historical data trend for Regional 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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Regional de Cv LT-Debt-to-Total-Asset Chart

Regional de Cv Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.07

0.08

0.05

0.04

Regional de Cv Quarterly Data
	Mar19	Jun19	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															0.04	0.04	0.04	0.03	0.03

Regional de Cv LT-Debt-to-Total-Asset Calculation

Regional 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 )
	=	8908	/	219993
	=	0.04

Regional 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 )
	=	7398	/	224196
	=	0.03

Regional de Cv (MEX:RA) 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.

Regional de Cv LT-Debt-to-Total-Asset Related Terms

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Regional de Cv (MEX:RA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Regional SA de Cv (MEX:RA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RGNLF:USA

Address

Av. Pedro Ramírez Vazquez 200, Tower 12, Ucaly Corporate Park Colony, San Pedro Garza Garcia, NL, MEX, 66278

Website

https://www.regional.mx

Regional SA de Cv, formerly Banregio Grupo Financiero SAB de CV is a Mexico-based financial institution engaged in the banking sector. Operations are primarily dedicated to small and medium-sized companies. Service offerings include business loans, leasing, factoring, and working capital loans. Banregio has its locations primarily located across central and northern Mexico. The bank's business is divided into seven distinct segments: Medium-Sized Enterprises, Automotive, Small-Sized Enterprises, Personal Banking, Mortgage, Consumer Credit, and Brokerage. Outside of its variety of loan offerings, the bank provides insurance, checking accounts, savings, credit for land and real estate acquisition, and several other products.