Balai Ni Fruitas (PHS:BALAI) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Balai Ni Fruitas 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. Balai Ni Fruitas's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Balai Ni Fruitas's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that Balai Ni Fruitas is progressively becoming more dependent on debt to grow their business.

Balai Ni Fruitas LT-Debt-to-Total-Asset Historical Data

The historical data trend for Balai Ni Fruitas'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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Balai Ni Fruitas LT-Debt-to-Total-Asset Chart

Balai Ni Fruitas Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.08

0.03

Balai Ni Fruitas Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.02	0.02	0.01	0.03	0.02

Balai Ni Fruitas LT-Debt-to-Total-Asset Calculation

Balai Ni Fruitas'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 )
	=	16.319	/	561.778
	=	0.03

Balai Ni Fruitas'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 )
	=	11.32	/	588.556
	=	0.02

Balai Ni Fruitas (PHS:BALAI) 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.

Balai Ni Fruitas LT-Debt-to-Total-Asset Related Terms

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Balai Ni Fruitas (PHS:BALAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Balai Ni Fruitas Inc (PHS:BALAI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Data Street, Barangay Don Manuel, Metro Manila, Quezon City, PHL, 1113

Website

https://www.balainifruitas.com

Balai Ni Fruitas Inc is a food and beverage company that operates brands such as Balai Pandesal, Buko Ni Fruitas, and Fruitas House of Desserts. Its product offering comprises of fresh coconut-based beverages and desserts, healthy desserts, fresh fruit shakes, and juices, boba shakes, and milk tea.

Balai Ni Fruitas (PHS:BALAI) Headlines

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