EFG HoldingE (EFG HoldingE) LT-Debt-to-Total-Asset : 0.07 (As of Jun. 2023)

View and export this data going back to 2009. Start your Free Trial

What is EFG HoldingE 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. EFG HoldingE's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.07.

EFG HoldingE's long-term debt to total assets ratio declined from Jun. 2022 (0.08) to Jun. 2023 (0.07). It may suggest that EFG HoldingE is progressively becoming less dependent on debt to grow their business.

EFG HoldingE LT-Debt-to-Total-Asset Historical Data

The historical data trend for EFG HoldingE'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.

EFG HoldingE LT-Debt-to-Total-Asset Chart

EFG HoldingE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.09

0.12

0.04

EFG HoldingE Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.06	0.07	0.04

EFG HoldingE LT-Debt-to-Total-Asset Calculation

EFG HoldingE'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 )
	=	174.797	/	3943.825
	=	0.04

EFG HoldingE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	255.078	/	3697.309
	=	0.07

EFG HoldingE (GREY:EFGZF) 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.

EFG HoldingE LT-Debt-to-Total-Asset Related Terms

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

EFG HoldingE (EFG HoldingE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » EFG Holding SAE (GREY:EFGZF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EFGD:UK HRHO:Egypt

Address

Alexandria Desert Road, 6 October, Smart Village building No. B129, Phase 3, KM 28, Cairo, EGY, 12577

Website

https://www.efghermes.com

Egyptian Financial Group-Hermes Holding Co is a provider of investment banking products and services in the Middle East. The company is headquartered in Egypt and conducts the majority of its business domestically. The bank also has operations in Gulf countries and Lebanon. The company generates the majority of its revenue through brokerage services. In addition, the bank generates revenue through asset-management products, such as traditional and alternative investments, fixed-income, money market, equity, and Shariah-compliant mandates. The bank also engages in equity research, strategy and macroeconomic forecasts, industrial research, and private equity services for its clients.

EFG HoldingE (EFG HoldingE) Headlines

No Headlines