Vocento (LTS:0KDD) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

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What is Vocento 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. Vocento's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

Vocento's long-term debt to total assets ratio increased from Dec. 2022 (0.05) to Mar. 2024 (0.07). It may suggest that Vocento is progressively becoming more dependent on debt to grow their business.

Vocento LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vocento'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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Vocento LT-Debt-to-Total-Asset Chart

Vocento Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.07

0.06

0.11

0.06

0.05

Vocento Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.04	0.11	0.07

Vocento LT-Debt-to-Total-Asset Calculation

Vocento's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	19.267	/	430.071
	=	0.04

Vocento'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 )
	=	30.931	/	421.124
	=	0.07

Vocento (LTS:0KDD) 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.

Vocento LT-Debt-to-Total-Asset Related Terms

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Vocento (LTS:0KDD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Vocento SA (LTS:0KDD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VOC:Spain

Address

Calle Pintor Losada 7, Bilbao, ESP, 48004

Website

http://www.vocento.com

Vocento SA is a multimedia communication company. It provides distribution of press and other products, the sale of advertising space, newspaper printing and technical counseling on audiovisual productions. In addition, the group is also involved in the operation of various portal such as pisos.com, a real estate classified portal; infoempleo.com, an employment classified portal; and autocasion.com, a used vehicles classified portal. Geographically, all the business activities are primarily functioned through the region of Spain.

Vocento (LTS:0KDD) Headlines

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