Blumar (XSGO:BLUMAR) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2024)

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What is Blumar 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. Blumar's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.24.

Blumar's long-term debt to total assets ratio declined from Dec. 2023 (0.29) to Dec. 2024 (0.24). It may suggest that Blumar is progressively becoming less dependent on debt to grow their business.

Blumar LT-Debt-to-Total-Asset Historical Data

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

Blumar Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.34

0.29

0.13

0.29

0.24

Blumar Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.29	0.27	0.24	0.24	0.24

Blumar LT-Debt-to-Total-Asset Calculation

Blumar's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	246139.208	/	1018592.08
	=	0.24

Blumar's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	246139.208	/	1018592.08
	=	0.24

Blumar (XSGO:BLUMAR) 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.

Blumar LT-Debt-to-Total-Asset Related Terms

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Blumar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Blumar SA (XSGO:BLUMAR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Magdalena No. 181, 13th Floor, Office 1301 South, Las Condes, Santiago, CHL

Website

https://www.blumar.com

Blumar SA is an aquaculture company. It engaged in fishing, processing, transformation, marketing, and export of fish. Its product offerings include fish meal, dried and smoked fish products fish oil, salmon and trout, and frozen fish products. The company's business segments are; Fishing and Aquaculture. Maximum revenue is derived from its Aquaculture segment which represents its salmon farming business. Geographically, the company's products are sold across different markets such as the United States, Brazil and the rest of Latin America, Europe, and Asia.

Blumar Headlines

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