Banco Bolivariano CA (XGUA:BLD) LT-Debt-to-Total-Asset : 0.82 (As of Dec. 2020)

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What is Banco Bolivariano CA 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. Banco Bolivariano CA's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.82.

Banco Bolivariano CA's long-term debt to total assets ratio increased from Dec. 2018 (0.81) to Dec. 2020 (0.82). It may suggest that Banco Bolivariano CA is progressively becoming more dependent on debt to grow their business.

Banco Bolivariano CA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banco Bolivariano CA'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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Banco Bolivariano CA LT-Debt-to-Total-Asset Chart

Banco Bolivariano CA Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.85

0.84

0.81

0.79

0.82

Banco Bolivariano CA Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.85	0.84	0.81	0.79	0.82

Banco Bolivariano CA LT-Debt-to-Total-Asset Calculation

Banco Bolivariano CA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	3286.072	/	4001.849
	=	0.82

Banco Bolivariano CA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )	/	Total Assets (Q: Dec. 2020 )
	=	3286.072	/	4001.849
	=	0.82

Banco Bolivariano CA (XGUA:BLD) 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.

Banco Bolivariano CA LT-Debt-to-Total-Asset Related Terms

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Banco Bolivariano CA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Bolivariano CA (XGUA:BLD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Junin int. Panama, Guayas, Guayaquil, ECU

Website

https://www.bolivariano.com

Banco Bolivariano CA is engaged in the provision of banking services. The company provides services such as savings accounts, credit, bank transfers, and insurance among others.