VESTF (Corporacion Inmobiliaria VestaB de CV) LT-Debt-to-Total-Asset : 0.21 (As of Jun. 2024)

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What is Corporacion Inmobiliaria VestaB 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. Corporacion Inmobiliaria VestaB de CV's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.21.

Corporacion Inmobiliaria VestaB de CV's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.21). It may suggest that Corporacion Inmobiliaria VestaB de CV is progressively becoming more dependent on debt to grow their business.

Corporacion Inmobiliaria VestaB de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Corporacion Inmobiliaria VestaB 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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Corporacion Inmobiliaria VestaB de CV LT-Debt-to-Total-Asset Chart

Corporacion Inmobiliaria VestaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.34

0.37

0.34

0.31

0.22

Corporacion Inmobiliaria VestaB de CV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.26	0.22	0.22	0.21

Corporacion Inmobiliaria VestaB de CV LT-Debt-to-Total-Asset Calculation

Corporacion Inmobiliaria VestaB 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 )
	=	845.864	/	3792.216
	=	0.22

Corporacion Inmobiliaria VestaB de CV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	844.02	/	3985.442
	=	0.21

Corporacion Inmobiliaria VestaB de CV (OTCPK:VESTF) 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.

Corporacion Inmobiliaria VestaB de CV LT-Debt-to-Total-Asset Related Terms

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Corporacion Inmobiliaria VestaB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Corporacion Inmobiliaria Vesta SAB de CV (OTCPK:VESTF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VTMX:USA VESTA:Mexico

Address

Paseo de los Tamarindos, 90 Torre 2, 28th Floor, Cuajimalpa de Morelos, Mexico, MEX, 05120

Website

http://www.vesta.com.mx

Corporacion Inmobiliaria Vesta SAB de CV is a real estate company dedicated to the development and leasing of industrial buildings and distribution centers in Mexico. The company designs and constructs park-to-suit projects across various industries; undertakes build-to-suit projects; and provides site selection, design and engineering, and sale and leaseback services. It serves aerospace, automotive, food and beverage, logistics, medical devices, plastics, and other industries.