Jalles Machado (BSP:JALL3) LT-Debt-to-Total-Asset : 0.55 (As of Dec. 2023)

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What is Jalles Machado 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. Jalles Machado's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.55.

Jalles Machado's long-term debt to total assets ratio increased from Dec. 2022 (0.45) to Dec. 2023 (0.55). It may suggest that Jalles Machado is progressively becoming more dependent on debt to grow their business.

Jalles Machado LT-Debt-to-Total-Asset Historical Data

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

Jalles Machado Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.53

0.58

0.42

0.43

0.49

Jalles Machado Quarterly Data
	Mar18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.45	0.49	0.50	0.51	0.55

Jalles Machado LT-Debt-to-Total-Asset Calculation

Jalles Machado's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	3005.099	/	6160.219
	=	0.49

Jalles Machado'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 )
	=	3715.286	/	6740.85
	=	0.55

Jalles Machado (BSP:JALL3) 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.

Jalles Machado LT-Debt-to-Total-Asset Related Terms

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Jalles Machado (BSP:JALL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jalles Machado SA (BSP:JALL3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Highway GO-080 Km 75.1, PO Box 04, Sao Pedro Farm, Rural Zone, Goianesia, GO, BRA, 76388-899

Website

https://www.jallesmachado.com

Jalles Machado SA is engaged in the in the production of sugar and ethanol, cogeneration of electricity and production of cleaning products, yeast and latex.

Jalles Machado (BSP:JALL3) Headlines

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