Westwing Comercio Varejista (BSP:WEST3) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

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What is Westwing Comercio Varejista 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. Westwing Comercio Varejista's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Westwing Comercio Varejista's long-term debt to total assets ratio declined from Dec. 2022 (0.05) to Dec. 2023 (0.02). It may suggest that Westwing Comercio Varejista is progressively becoming less dependent on debt to grow their business.

Westwing Comercio Varejista LT-Debt-to-Total-Asset Historical Data

The historical data trend for Westwing Comercio Varejista'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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Westwing Comercio Varejista LT-Debt-to-Total-Asset Chart

Westwing Comercio Varejista Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.05

0.02

Westwing Comercio Varejista Quarterly Data
	Dec18	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															0.05	0.04	0.02	0.02	-

Westwing Comercio Varejista LT-Debt-to-Total-Asset Calculation

Westwing Comercio Varejista'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 )
	=	6.565	/	351.21
	=	0.02

Westwing Comercio Varejista'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 )
	=	6.565	/	351.21
	=	0.02

Westwing Comercio Varejista (BSP:WEST3) 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.

Westwing Comercio Varejista LT-Debt-to-Total-Asset Related Terms

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Westwing Comercio Varejista (BSP:WEST3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Westwing Comercio Varejista SA (BSP:WEST3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Queiroz Filho, 1700 - Torre A, 5th Floor - Vila Hamburguesa, Sao Paulo, SP, BRA, 0001-50

Website

https://www.westwing.com.br

Westwing Comercio Varejista SA is engaged in the business of providing home decor and furnishing products. The Company's corporate purpose is to sell furniture, decorative items and clothing and accessories in general, mostly through its website and platforms for mobile applications and physical stores. It offers sofas, dining table, bookcases, beds, bar trolleys, pet furniture, towels sets, garden accessories, carpets, crockery, lighting products, and related products.

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