Odontoprev (Odontoprev) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Odontoprev 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. Odontoprev's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Odontoprev's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that Odontoprev is progressively becoming more dependent on debt to grow their business.

Odontoprev LT-Debt-to-Total-Asset Historical Data

The historical data trend for Odontoprev'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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Odontoprev LT-Debt-to-Total-Asset Chart

Odontoprev Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

Odontoprev 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															0.01	0.01	0.01	0.01	0.01

Odontoprev LT-Debt-to-Total-Asset Calculation

Odontoprev'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 )
	=	4.827	/	441.645
	=	0.01

Odontoprev'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 )
	=	4.506	/	467.745
	=	0.01

Odontoprev (GREY:ODPVF) 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.

Odontoprev LT-Debt-to-Total-Asset Related Terms

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Odontoprev (Odontoprev) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Odontoprev SA (GREY:ODPVF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ODPV3:Brazil

Address

Avenida Marcos Penteado de Ulhoa Rodrigues, 939 - 14th Floor, section 1401, Jatoba Building, Castelo Branco Office Park, Tambore, Barueri, SP, BRA, 06460-040

Website

http://www.odontoprev.com.br

Odontoprev SA provides dental benefit plans throughout Brazil and operates a sizable network of dentists throughout the country. The firm operates in three segments based on client size as well as one auxiliary segment that includes dental care goods and services. The dental care plan segments include corporate plans with many contracts (more than 200); small and midsize, with smaller groups of contracts; and individual, which includes monthly and annual plans sold directly to individuals. The majority of Odontoprev's revenue is generated by the corporate segment.

Odontoprev (Odontoprev) Headlines

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