Abu Dhabi Commercial Bank (ADX:ADCB) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is Abu Dhabi Commercial Bank 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. Abu Dhabi Commercial Bank's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Abu Dhabi Commercial Bank's long-term debt to total assets ratio declined from Dec. 2023 (0.09) to Dec. 2024 (0.08). It may suggest that Abu Dhabi Commercial Bank is progressively becoming less dependent on debt to grow their business.

Abu Dhabi Commercial Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Abu Dhabi Commercial Bank'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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Abu Dhabi Commercial Bank LT-Debt-to-Total-Asset Chart

Abu Dhabi Commercial Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.14

0.13

0.10

0.09

0.08

Abu Dhabi Commercial Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.08	0.08	0.09	0.08

Abu Dhabi Commercial Bank LT-Debt-to-Total-Asset Calculation

Abu Dhabi Commercial Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	50646.695	/	652814.226
	=	0.08

Abu Dhabi Commercial Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	50646.695	/	652814.226
	=	0.08

Abu Dhabi Commercial Bank (ADX:ADCB) 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.

Abu Dhabi Commercial Bank LT-Debt-to-Total-Asset Related Terms

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Abu Dhabi Commercial Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Abu Dhabi Commercial Bank (ADX:ADCB) » Definitions » LT-Debt-to-Total-Asset

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Address

Sheikh Zayed Bin Sultan Street, P.O. Box 939, Plot C - 33, Sector E-11, Abu Dhabi Commercial Bank Building, Abu Dhabi, ARE

Website

https://www.adcb.com

Abu Dhabi Commercial Bank is a full-service commercial bank that operates in the United Arab Emirates. The bank's five business groups include Retail banking, Private banking, Corporate and Investment Banking, Investments and treasury, and Property management. It generates maximum revenue from the Corporate and investment banking segment. The Corporate and Investment Banking segment comprises of business banking, cash management, trade finance, corporate finance, small and medium enterprise financing, investment banking, Islamic financing, infrastructure and asset finance, and government and public enterprises.

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