Totvs (BSP:TOTS3) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Totvs 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. Totvs's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

Totvs's long-term debt to total assets ratio increased from Dec. 2022 (0.16) to Dec. 2023 (0.18). It may suggest that Totvs is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Totvs'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.

Totvs LT-Debt-to-Total-Asset Chart

Totvs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.04

0.13

0.16

0.18

Totvs Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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															0.16	0.16	0.15	0.18	0.18

Totvs LT-Debt-to-Total-Asset Calculation

Totvs'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 )
	=	1598.158	/	8828.86
	=	0.18

Totvs'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 )
	=	1598.158	/	8828.86
	=	0.18

Totvs (BSP:TOTS3) 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.

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

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

Totvs (BSP:TOTS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Totvs SA (BSP:TOTS3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TTVSY:USA

Address

Avenida Braz Leme, Sao Paulo, SP, BRA, 1000

Website

https://www.totvs.com

Totvs SA is a provider of information technology solutions to small and medium enterprises in the education, government, healthcare, and retail end markets. Its primary product offerings are enterprise resource planning applications with modules for management, finance, operations, human resources, and client services. The company's segment includes Management; Business Performance and Techfin. It generates maximum revenue from the Management segment.

Totvs (BSP:TOTS3) Headlines

No Headlines