Banco de Credito e Inversiones (XSGO:BCI) LT-Debt-to-Total-Asset : 0.15 (As of Mar. 2024)

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What is Banco de Credito e Inversiones 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. Banco de Credito e Inversiones's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.15.

Banco de Credito e Inversiones's long-term debt to total assets ratio increased from Mar. 2023 (0.15) to Mar. 2024 (0.15). It may suggest that Banco de Credito e Inversiones is progressively becoming more dependent on debt to grow their business.

Banco de Credito e Inversiones LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banco de Credito e Inversiones'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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Banco de Credito e Inversiones LT-Debt-to-Total-Asset Chart

Banco de Credito e Inversiones Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.21

0.18

0.16

0.15

0.16

Banco de Credito e Inversiones 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															0.15	0.15	0.15	0.16	0.15

Banco de Credito e Inversiones LT-Debt-to-Total-Asset Calculation

Banco de Credito e Inversiones'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 )
	=	12344007	/	79301153
	=	0.16

Banco de Credito e Inversiones'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 )
	=	13167369	/	86363786
	=	0.15

Banco de Credito e Inversiones (XSGO:BCI) 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.

Banco de Credito e Inversiones LT-Debt-to-Total-Asset Related Terms

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Banco de Credito e Inversiones (XSGO:BCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de Credito e Inversiones SA (XSGO:BCI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida el Golf 125, Las Condes, Santiago, CHL

Website

http://www.bci.cl

Banco de Credito e Inversiones SA is a commercial bank incorporated in Chile. The company operations are divided into three segments: retail banking, commercial banking and investment banking. Retail operations consist of savings accounts, demand deposits, consumer and mortgage loans, credit cards, investment and insurance products. The investment banking products and services include time deposits, mutual funds, and spot and futures transactions. The company also provides factoring, stock and insurance brokering, asset management, securitization, and financial consultancy. The company is present in Mexico City, Sao Paulo, Lima, Bogota, and Madrid.

Banco de Credito e Inversiones (XSGO:BCI) Headlines

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