Bioceres Crop Solutions (Bioceres Crop Solutions) LT-Debt-to-Total-Asset : 0.15 (As of Mar. 2024)

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What is Bioceres Crop Solutions 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. Bioceres Crop Solutions's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.15.

Bioceres Crop Solutions's long-term debt to total assets ratio declined from Mar. 2023 (0.18) to Mar. 2024 (0.15). It may suggest that Bioceres Crop Solutions is progressively becoming less dependent on debt to grow their business.

Bioceres Crop Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bioceres Crop Solutions'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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Bioceres Crop Solutions LT-Debt-to-Total-Asset Chart

Bioceres Crop Solutions Annual Data

Trend

Jan18

Jan19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.29

0.25

0.19

0.18

Bioceres Crop Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.18	0.17	0.15	0.15

Bioceres Crop Solutions LT-Debt-to-Total-Asset Calculation

Bioceres Crop Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	145.915	/	818.059
	=	0.18

Bioceres Crop Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	123	/	837
	=	0.15

Bioceres Crop Solutions (NAS:BIOX) 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.

Bioceres Crop Solutions LT-Debt-to-Total-Asset Related Terms

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Bioceres Crop Solutions (Bioceres Crop Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Bioceres Crop Solutions Corp (NAS:BIOX) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Ocampo 210 Bis, Predio CCT, Province of Santa Fe, Rosario, ARG, 2000

Website

https://www.biocerescrops.com

Bioceres Crop Solutions Corp is a fully-integrated provider of crop productivity solutions, including seeds, seed traits, seed treatments, biologicals, high-value adjuvants and fertilizers. The company has developed a multi-discipline and multi-product platform capable of providing solutions throughout the entire crop cycle, from pre-planting to transportation and storage. The business divisions consist of crop protection, seed and integrated products, and crop nutrition. The company derives majority of its revenue from the crop protection division. Its product includes fertilizers, inoculants, adjuvants, crop protection solutions and seeds.