Industrias PenolesB de CV (Industrias PenolesB de CV) LT-Debt-to-Total-Asset : 0.27 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Industrias PenolesB de CV 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. Industrias PenolesB de CV's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.27.

Industrias PenolesB de CV's long-term debt to total assets ratio increased from Mar. 2023 (0.26) to Mar. 2024 (0.27). It may suggest that Industrias PenolesB de CV is progressively becoming more dependent on debt to grow their business.

Industrias PenolesB de CV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Industrias PenolesB de CV'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.

Industrias PenolesB de CV LT-Debt-to-Total-Asset Chart

Industrias PenolesB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.28

0.32

0.30

0.26

0.27

Industrias PenolesB de CV 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															0.26	0.01	0.26	0.27	0.27

Industrias PenolesB de CV LT-Debt-to-Total-Asset Calculation

Industrias PenolesB de CV'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 )
	=	2641.546	/	9979.256
	=	0.26

Industrias PenolesB de CV'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 )
	=	2635.867	/	9926.852
	=	0.27

Industrias PenolesB de CV (OTCPK:IPOAF) 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.

Industrias PenolesB de CV LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Industrias PenolesB de CV's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Industrias PenolesB de CV (Industrias PenolesB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Industrias Penoles SAB de CV (OTCPK:IPOAF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PE&OLES:Mexico 4FO:Germany

Address

BAL Corporate, Calzada Legaria No. 549, Torre 2 Colonia 10 de abril Delegacion Miguel Hida, Mexico City, DF, MEX, 11250

Website

http://www.penoles.com.mx

Industrias Penoles SAB de CV is a mining group with integrated operations in smelting and refining nonferrous metals and producing chemicals. The company is one of the world's largest producers of refined silver and America's largest producer of metallic bismuth. It is one of the largest producers of refined gold and lead in Latin America, and among the largest zinc and sodium sulfate producers worldwide. The majority of Industrias Penoles' sales are made abroad, making it one of Mexico's main export companies.

Industrias PenolesB de CV (Industrias PenolesB de CV) Headlines

From GuruFocus

First Eagle Gold Fund Comments on Penoles

By Sydnee Gatewood Sydnee Gatewood • 01-31-2020

First Eagle Gold Fund Comments on Penoles

By Sydnee Gatewood Sydnee Gatewood • 07-28-2020

Industrias Penoles SAB de CV Stock Gives Every Indication Of Being Fairly Valued

By GF Value GF Value • 04-16-2021