FrieslandCampina Engro Pakistan (KAR:FCEPL) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is FrieslandCampina Engro Pakistan 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. FrieslandCampina Engro Pakistan's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

FrieslandCampina Engro Pakistan's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.01). It may suggest that FrieslandCampina Engro Pakistan is progressively becoming less dependent on debt to grow their business.

FrieslandCampina Engro Pakistan LT-Debt-to-Total-Asset Historical Data

The historical data trend for FrieslandCampina Engro Pakistan'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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FrieslandCampina Engro Pakistan LT-Debt-to-Total-Asset Chart

FrieslandCampina Engro Pakistan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.15

0.21

0.09

0.03

0.02

FrieslandCampina Engro Pakistan 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															0.03	0.02	0.02	0.02	0.01

FrieslandCampina Engro Pakistan LT-Debt-to-Total-Asset Calculation

FrieslandCampina Engro Pakistan'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 )
	=	833.851	/	41886.802
	=	0.02

FrieslandCampina Engro Pakistan'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 )
	=	498.264	/	48062.528
	=	0.01

FrieslandCampina Engro Pakistan (KAR:FCEPL) 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.

FrieslandCampina Engro Pakistan LT-Debt-to-Total-Asset Related Terms

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FrieslandCampina Engro Pakistan (KAR:FCEPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » FrieslandCampina Engro Pakistan Ltd (KAR:FCEPL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Harbor Front Building, 5th Floor, HC-3, Near Marine Drive, Block - 4, Clifton, Karachi, PAK, 75600

Website

https://www.frieslandcampina.com.pk

FrieslandCampina Engro Pakistan Ltd is involved in the business of manufacturing, process, and selling dairy products, beverages, ice cream, and frozen desserts. It also owns and operates dairy farms. It sells its products under the brand name Olper's, Dairy Omung, Omore, and others. Its operating segment of the company is Dairy-Based products & frozen desserts out of which the majority comes from Dairy-Based products.

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