Bloomberry Resorts (PHS:BLOOM) LT-Debt-to-Total-Asset : 0.54 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Bloomberry Resorts 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. Bloomberry Resorts's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.54.

Bloomberry Resorts's long-term debt to total assets ratio declined from Mar. 2023 (0.59) to Mar. 2024 (0.54). It may suggest that Bloomberry Resorts is progressively becoming less dependent on debt to grow their business.

Bloomberry Resorts LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bloomberry Resorts'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.

Bloomberry Resorts LT-Debt-to-Total-Asset Chart

Bloomberry Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.51

0.59

0.64

0.61

0.54

Bloomberry Resorts 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															0.59	0.59	0.58	0.54	0.54

Bloomberry Resorts LT-Debt-to-Total-Asset Calculation

Bloomberry Resorts'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 )
	=	86023.113	/	160169.876
	=	0.54

Bloomberry Resorts'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 )
	=	91102.143	/	167862.951
	=	0.54

Bloomberry Resorts (PHS:BLOOM) 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.

Bloomberry Resorts LT-Debt-to-Total-Asset Related Terms

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

Bloomberry Resorts (PHS:BLOOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bloomberry Resorts Corp (PHS:BLOOM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BLBRF:USA

Address

1 Asean Avenue, The Executive Offices, Solaire Resort & Casino, Entertainment City, Tambo, Paranaque, PHL, 1701

Website

https://www.bloomberry.ph

Bloomberry Resorts Corp is a resorts and casinos company that owns and manages various properties. The company has one primary business segment, Integrated Resort Facility, that develops tourist facilities such as casino-entertainment complexes, hotels, and retail chains. The company's casinos possess both gaming tables and electronic gaming machines. The company owns and operates casinos such as the Solaire Resort & Casino, Jeju Sun Hotel & Casino, and Sky Tower. It generates the vast majority of its revenue in the Philippines.

Bloomberry Resorts (PHS:BLOOM) Headlines

No Headlines