Invertec Foods (XSGO:INVERFOODS) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2023)

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What is Invertec Foods 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. Invertec Foods's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.11.

Invertec Foods's long-term debt to total assets ratio declined from Sep. 2022 (0.14) to Sep. 2023 (0.11). It may suggest that Invertec Foods is progressively becoming less dependent on debt to grow their business.

Invertec Foods LT-Debt-to-Total-Asset Historical Data

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

Invertec Foods Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.13

0.20

0.19

0.13

Invertec Foods Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.13	0.10	0.10	0.11

Invertec Foods LT-Debt-to-Total-Asset Calculation

Invertec Foods's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	10288.808	/	82341.676
	=	0.12

Invertec Foods's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	9036.66	/	85888.627
	=	0.11

Invertec Foods (XSGO:INVERFOODS) 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.

Invertec Foods LT-Debt-to-Total-Asset Related Terms

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Invertec Foods Business Description

Industry

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

Comparable Companies

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Traded in Other Exchanges

N/A

Address

Avenue Kennedy 5682, Vitacura, Santiago, CHL

Website

http://www.invertecfoods.cl

Invertec Foods SA is engaged in growing and processing fruits and vegetables in Chile. It offers dehydrated vegetables, juices and purees, and frozen fruits and vegetables. The company also provides apple chips and crunch coins, and apple instant purees to the retail industry.

Invertec Foods Headlines

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