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M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)


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What is M Dias Branco Industria e Comercio de Alimentos 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. M Dias Branco Industria e Comercio de Alimentos's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

M Dias Branco Industria e Comercio de Alimentos's long-term debt to total assets ratio declined from Dec. 2022 (0.15) to Dec. 2023 (0.14). It may suggest that M Dias Branco Industria e Comercio de Alimentos is progressively becoming less dependent on debt to grow their business.


M Dias Branco Industria e Comercio de Alimentos LT-Debt-to-Total-Asset Historical Data

The historical data trend for M Dias Branco Industria e Comercio de Alimentos'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.

* Premium members only.

M Dias Branco Industria e Comercio de Alimentos LT-Debt-to-Total-Asset Chart

M Dias Branco Industria e Comercio de Alimentos 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 0.03 0.08 0.15 0.15 0.14

M Dias Branco Industria e Comercio de Alimentos 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 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 0.16 0.16 0.14 0.14 -

M Dias Branco Industria e Comercio de Alimentos LT-Debt-to-Total-Asset Calculation

M Dias Branco Industria e Comercio de Alimentos'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 )
=1677.915/12340.992
=0.14

M Dias Branco Industria e Comercio de Alimentos'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 )
=1677.915/12340.992
=0.14

* 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.


M Dias Branco Industria e Comercio de Alimentos  (BSP:MDIA3) 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.


M Dias Branco Industria e Comercio de Alimentos LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of M Dias Branco Industria e Comercio de Alimentos's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Business Description

Traded in Other Exchanges
N/A
Address
Rodovia BR 116, Sem Numero Km 18, Eusebio, CE, BRA, 61760-000
M Dias Branco SA Industria e Comercio de Alimentos is a Brazilian company engaged in the industrialization, sale and distribution of food products derived from wheat, mainly cookies and crackers, pasta and wheat flour/bran and the manufacture, sale and distribution of vegetable shortenings and margarines, cakes, cake mixes, packaged toast and snacks. The Company's brands in the domestic market are Adria, Aldente, Basilar, Bonsabor, Estrela, Fortaleza, Finna, Fit Food, Frontera, Isabela, Jasmine, Pelagio, Pilar, Piraque, Predilleto, Richester, Salsito, Smart, Taste and Co, Treloso, Vitarella, and Zabet; and in the foreign market: Las Acacias.

M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Headlines

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