Banif – Banco Internacional do Funchal (XLIS:BANIF) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2015)

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What is Banif – Banco Internacional do Funchal 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. Banif – Banco Internacional do Funchal's long-term debt to total assests ratio for the quarter that ended in Sep. 2015 was 0.15.

Banif – Banco Internacional do Funchal's long-term debt to total assets ratio increased from Sep. 2014 (0.14) to Sep. 2015 (0.15). It may suggest that Banif – Banco Internacional do Funchal is progressively becoming more dependent on debt to grow their business.

Banif – Banco Internacional do Funchal LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banif – Banco Internacional do Funchal'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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Banif – Banco Internacional do Funchal LT-Debt-to-Total-Asset Chart

Banif – Banco Internacional do Funchal Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

LT-Debt-to-Total-Asset

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0.11

0.14

Banif – Banco Internacional do Funchal Quarterly Data
	Dec08	Dec09	Dec10	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.14	0.14	0.14	0.12	0.15

Banif – Banco Internacional do Funchal LT-Debt-to-Total-Asset Calculation

Banif – Banco Internacional do Funchal's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )	/	Total Assets (A: Dec. 2014 )
	=	1809.396	/	13125.494
	=	0.14

Banif – Banco Internacional do Funchal's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

LT Debt to Total Assets (Q: Sep. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2015 )	/	Total Assets (Q: Sep. 2015 )
	=	1794.9	/	11956.1
	=	0.15

Banif – Banco Internacional do Funchal (XLIS:BANIF) 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.

Banif – Banco Internacional do Funchal LT-Debt-to-Total-Asset Related Terms

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Banif – Banco Internacional do Funchal (XLIS:BANIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banif – Banco Internacional do Funchal (XLIS:BANIF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

XLIS:BCP XLIS:BPI

Traded in Other Exchanges

N/A

Address

Website

http://www.banif.pt

Banif - Banco Internacional do Funchal provides banking products and services to companies, institutional clients, and private customers, as well as to personal customers, small businesses, and independent professionals.

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