GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sitios Latinoamerica SAB de CV (OTCPK:SLAAF) » Definitions » LT-Debt-to-Total-Asset

SLAAF (Sitios LatinoamericaB de CV) LT-Debt-to-Total-Asset : 0.66 (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Sitios LatinoamericaB 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. Sitios LatinoamericaB de CV's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.66.

Sitios LatinoamericaB de CV's long-term debt to total assets ratio increased from Sep. 2023 (0.63) to Dec. 2024 (0.66). It may suggest that Sitios LatinoamericaB de CV is progressively becoming more dependent on debt to grow their business.


Sitios LatinoamericaB de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sitios LatinoamericaB 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.

Sitios LatinoamericaB de CV LT-Debt-to-Total-Asset Chart

Sitios LatinoamericaB de CV Annual Data
Trend Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
0.57 0.66 0.71 0.66

Sitios LatinoamericaB de CV Quarterly Data
Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.71 0.17 0.69 0.66

Sitios LatinoamericaB de CV LT-Debt-to-Total-Asset Calculation

Sitios LatinoamericaB de CV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=3666.027/5539.549
=0.66

Sitios LatinoamericaB de CV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=3666.027/5539.549
=0.66

* 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.


Sitios LatinoamericaB de CV  (OTCPK:SLAAF) 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.


Sitios LatinoamericaB de CV LT-Debt-to-Total-Asset Related Terms

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


Sitios LatinoamericaB de CV Business Description

Traded in Other Exchanges
Address
Avenida Paseo de las Palmas 781 Piso 2, Lomas de Chapultepec III Seccion, Miguel Hidalgo, Ciudad de, Mexico, MEX, 11000
Sitios Latinoamerica SAB de CV is principally engaged in the construction, installation, maintenance, operation and direct marketing of various types of towers and other support structures, as well as physical spaces and other non-electronic elements that comprise the Passive Infrastructure for the installation of radiant radio communications equipment and other Active Infrastructure, as well as the provision of other related services directly or indirectly related to the telecommunications sector.

Sitios LatinoamericaB de CV Headlines

No Headlines