United Arab Bank PJSC (ADX:UAB) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

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What is United Arab Bank PJSC 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. United Arab Bank PJSC's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

United Arab Bank PJSC's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.04). It may suggest that United Arab Bank PJSC is progressively becoming more dependent on debt to grow their business.

United Arab Bank PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for United Arab Bank PJSC'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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United Arab Bank PJSC LT-Debt-to-Total-Asset Chart

United Arab Bank PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.04

United Arab Bank PJSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.04	0.04	0.04	0.04

United Arab Bank PJSC LT-Debt-to-Total-Asset Calculation

United Arab Bank PJSC'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 )
	=	742.88	/	17647.848
	=	0.04

United Arab Bank PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	739.988	/	20015.707
	=	0.04

United Arab Bank PJSC (ADX:UAB) 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.

United Arab Bank PJSC LT-Debt-to-Total-Asset Related Terms

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United Arab Bank PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Arab Bank PJSC (ADX:UAB) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Emirate of Sharjah, P.O. Box 25022, Sharjah, ARE

Website

https://www.uab.ae

United Arab Bank PJSC provides financial services. It is organized into two segments: Wholesale Banking and Retail Banking. Wholesale banking handles loans and other credit facilities and deposits and current accounts for corporate and institutional customers. It also includes Financial Markets which are involved in providing money market, trading, and treasury services, as well as the management of the Bank's funding operations. Retail banking handles individual customers' deposits and provides consumer-type loans, overdrafts, credit card facilities, and funds transfer facilities as well as Islamic banking services. Geographically, the bank operates within the Middle East. The company generates the majority of its revenue from the Wholesale banking segment.

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