Club de Polo y Equitacion POLO (XSGO:POLO) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2023)

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What is Club de Polo y Equitacion POLO 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. Club de Polo y Equitacion POLO's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.11.

Club de Polo y Equitacion POLO's long-term debt to total assets ratio increased from Dec. 2014 (0.00) to Dec. 2023 (0.11). It may suggest that Club de Polo y Equitacion POLO is progressively becoming more dependent on debt to grow their business.

Club de Polo y Equitacion POLO LT-Debt-to-Total-Asset Historical Data

The historical data trend for Club de Polo y Equitacion POLO'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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Club de Polo y Equitacion POLO LT-Debt-to-Total-Asset Chart

Club de Polo y Equitacion POLO Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.29

0.11

Club de Polo y Equitacion POLO Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec22	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						-	-	-	0.29	0.11

Club de Polo y Equitacion POLO LT-Debt-to-Total-Asset Calculation

Club de Polo y Equitacion POLO'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 )
	=	960.304	/	9172.579
	=	0.10

Club de Polo y Equitacion POLO's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	960.304	/	9172.579
	=	0.10

Club de Polo y Equitacion POLO (XSGO:POLO) 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.

Club de Polo y Equitacion POLO LT-Debt-to-Total-Asset Related Terms

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Club de Polo y Equitacion POLO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Club de Polo y Equitacion SA POLO (XSGO:POLO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Monsenor Escriva de Balaguer 5501, Vitacura, Santiago, CHL

Website

http://www.clubdepolo.cl

Club de Polo y Equitacion SA POLO is engaged in the operation and management of the sports club, focusing mainly on polo, golf, tennis, horseback riding and soccer. Its activities are restricted for their members and guests. Its objective is to acquire real estate for sports activities, to build and install in them especially polo fields, diving courts, riding schools, stables, courtsof golf, tennis courts.

Club de Polo y Equitacion POLO Headlines

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