Banco de la Produccion PRODUBANCO (XGUA:PRE) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2015)

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What is Banco de la Produccion PRODUBANCO 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 de la Produccion PRODUBANCO's long-term debt to total assests ratio for the quarter that ended in Dec. 2015 was 0.03.

Banco de la Produccion PRODUBANCO's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2015 (0.03). It may suggest that Banco de la Produccion PRODUBANCO is progressively becoming more dependent on debt to grow their business.

Banco de la Produccion PRODUBANCO LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banco de la Produccion PRODUBANCO'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 de la Produccion PRODUBANCO LT-Debt-to-Total-Asset Chart

Banco de la Produccion PRODUBANCO Annual Data

Trend

Dec14

Dec15

LT-Debt-to-Total-Asset

0.01

0.03

Banco de la Produccion PRODUBANCO Semi-Annual Data
	Dec14	Dec15
LT-Debt-to-Total-Asset	0.01	0.03

Banco de la Produccion PRODUBANCO LT-Debt-to-Total-Asset Calculation

Banco de la Produccion PRODUBANCO's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (A: Dec. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2015 )	/	Total Assets (A: Dec. 2015 )
	=	89.348	/	3554.84
	=	0.03

Banco de la Produccion PRODUBANCO's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (Q: Dec. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2015 )	/	Total Assets (Q: Dec. 2015 )
	=	89.348	/	3554.84
	=	0.03

Banco de la Produccion PRODUBANCO (XGUA:PRE) 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 de la Produccion PRODUBANCO LT-Debt-to-Total-Asset Related Terms

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Banco de la Produccion PRODUBANCO (XGUA:PRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de la Produccion SA PRODUBANCO (XGUA:PRE) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Simon Bolivar and Via a Nayon, Ekopark Corporate Complex, Tower 1, Quito, ECU

Website

https://www.produbanco.com

Banco de la Produccion SA is a banking company. Its services include current accounts in dollars, savings accounts in dollars, capital integration accounts, payment of import levies, payment of taxes, accumulation policies, and ATMs among others.