Urbas Grupo Financiero (XMAD:UBS) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Urbas Grupo Financiero 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. Urbas Grupo Financiero's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.13.

Urbas Grupo Financiero's long-term debt to total assets ratio increased from Dec. 2022 (0.12) to Dec. 2023 (0.13). It may suggest that Urbas Grupo Financiero is progressively becoming more dependent on debt to grow their business.

Urbas Grupo Financiero LT-Debt-to-Total-Asset Historical Data

The historical data trend for Urbas Grupo Financiero'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.

Urbas Grupo Financiero LT-Debt-to-Total-Asset Chart

Urbas Grupo Financiero Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.12

0.13

Urbas Grupo Financiero Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.16	0.12	0.12	0.13

Urbas Grupo Financiero LT-Debt-to-Total-Asset Calculation

Urbas Grupo Financiero'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 )
	=	151.904	/	1170.591
	=	0.13

Urbas Grupo Financiero'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 )
	=	151.904	/	1170.591
	=	0.13

Urbas Grupo Financiero (XMAD:UBS) 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.

Urbas Grupo Financiero LT-Debt-to-Total-Asset Related Terms

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

Urbas Grupo Financiero (XMAD:UBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Urbas Grupo Financiero SA (XMAD:UBS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

UZY:Germany

Address

C / Santa Cruz de Marcenado, 4, Madrid, ESP, 28006

Website

http://www.grupourbas.com

Urbas Grupo Financiero SA is a Spain-based company mainly engaged in the real estate sector. Its activities include the acquisition, development, and sale of land and properties, mainly in the regions of Guadalajara and Almeria.