Faisal Islamic Bank of Egypt (CAI:FAIT) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Faisal Islamic Bank of Egypt 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. Faisal Islamic Bank of Egypt's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Faisal Islamic Bank of Egypt's long-term debt to total assets ratio declined from Dec. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that Faisal Islamic Bank of Egypt is progressively becoming less dependent on debt to grow their business.

Faisal Islamic Bank of Egypt LT-Debt-to-Total-Asset Historical Data

The historical data trend for Faisal Islamic Bank of Egypt'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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Faisal Islamic Bank of Egypt LT-Debt-to-Total-Asset Chart

Faisal Islamic Bank of Egypt Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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Faisal Islamic Bank of Egypt 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															-	-	-	-	-

Faisal Islamic Bank of Egypt LT-Debt-to-Total-Asset Calculation

Faisal Islamic Bank of Egypt'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 )
	=	0	/	176961.661
	=	0.00

Faisal Islamic Bank of Egypt'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 )
	=	0	/	176961.661
	=

Faisal Islamic Bank of Egypt (CAI:FAIT) 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.

Faisal Islamic Bank of Egypt LT-Debt-to-Total-Asset Related Terms

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Faisal Islamic Bank of Egypt (CAI:FAIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Faisal Islamic Bank of Egypt (CAI:FAIT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FAITA:Egypt

Address

3, 26 July Street, P.O. Box: 2446, Cairo, EGY, 11511

Website

https://www.faisalbank.com.eg

Faisal Islamic Bank of Egypt is an Egyptian Islamic and commercial bank. It provides general banking services like deposits, loans, letters of credit and guarantee, securities services, saving pools, and finance and investment.

Faisal Islamic Bank of Egypt (CAI:FAIT) Headlines

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