GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LankaBangla Finance PLC (DHA:LANKABAFIN) » Definitions » Liabilities-to-Assets

LankaBangla Finance (DHA:LANKABAFIN) Liabilities-to-Assets : 0.88 (As of Sep. 2024)


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

What is LankaBangla Finance Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. LankaBangla Finance's Total Liabilities for the quarter that ended in Sep. 2024 was BDT76,701 Mil. LankaBangla Finance's Total Assets for the quarter that ended in Sep. 2024 was BDT87,479 Mil. Therefore, LankaBangla Finance's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.88.


LankaBangla Finance Liabilities-to-Assets Historical Data

The historical data trend for LankaBangla Finance's Liabilities-to-Assets 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.

LankaBangla Finance Liabilities-to-Assets Chart

LankaBangla Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.88 0.88 0.88 0.89

LankaBangla Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.89 0.88 0.88 0.88

Competitive Comparison of LankaBangla Finance's Liabilities-to-Assets

For the Credit Services subindustry, LankaBangla Finance's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LankaBangla Finance's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LankaBangla Finance's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where LankaBangla Finance's Liabilities-to-Assets falls into.



LankaBangla Finance Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

LankaBangla Finance's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=83903.882/94855.441
=0.88

LankaBangla Finance's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=76700.813/87478.592
=0.88

* 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.


LankaBangla Finance  (DHA:LANKABAFIN) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


LankaBangla Finance Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of LankaBangla Finance's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


LankaBangla Finance Business Description

Traded in Other Exchanges
N/A
Address
20, Kemal Ataturk Avenue, Safura Tower (Level 11), Banani, Dhaka, BGD, 1213
LankaBangla Finance PLC is engaged in providing financial services. The company offers corporate financial services, personal financial services, SME financial services, stock broking, corporate advisory and wealth management services. It is a financial institution to operate credit card and provide third-party card processing services to different banks in Bangladesh. The company has four reportable segments being Core Financing Business; Brokerage; Investment Business, and Asset Management Business. It derives majority of its revenues from the Core Financing Business segment.

LankaBangla Finance Headlines

No Headlines