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Bodegas Riojanas (XMAD:RIO) LT-Debt-to-Total-Asset : 0.11 (As of Jun. 2024)


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What is Bodegas Riojanas 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. Bodegas Riojanas's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.11.

Bodegas Riojanas's long-term debt to total assets ratio declined from Jun. 2023 (0.17) to Jun. 2024 (0.11). It may suggest that Bodegas Riojanas is progressively becoming less dependent on debt to grow their business.


Bodegas Riojanas LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bodegas Riojanas'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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Bodegas Riojanas LT-Debt-to-Total-Asset Chart

Bodegas Riojanas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.24 0.20 0.17 0.12

Bodegas Riojanas Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.17 0.17 0.12 0.11

Bodegas Riojanas LT-Debt-to-Total-Asset Calculation

Bodegas Riojanas'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 )
=6.529/56.496
=0.12

Bodegas Riojanas'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 )
=6.058/53.616
=0.11

* 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.


Bodegas Riojanas  (XMAD:RIO) 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.


Bodegas Riojanas LT-Debt-to-Total-Asset Related Terms

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Bodegas Riojanas Business Description

Traded in Other Exchanges
Address
Avenida Doctor Ricardo Ruiz, Azcarraga, 1, Cenicero, ESP, 26350
Bodegas Riojanas SA is a Spain-based company which engages in winemaking. It engaged in the production and distribution of wine. It also sells its products online. The major brands are Vina Albina, Monte Real, and Puerta Vieja.