AIBRF (AIB Group) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2024)

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What is AIB Group 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. AIB Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.08.

AIB Group's long-term debt to total assets ratio increased from Jun. 2023 (0.06) to Jun. 2024 (0.08). It may suggest that AIB Group is progressively becoming more dependent on debt to grow their business.

AIB Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for AIB Group'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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AIB Group LT-Debt-to-Total-Asset Chart

AIB Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.07

0.06

0.07

0.08

AIB Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.06	0.08	0.08

AIB Group LT-Debt-to-Total-Asset Calculation

AIB Group'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 )
	=	12233.37	/	148690.294
	=	0.08

AIB Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	11511.302	/	147444.564
	=	0.08

AIB Group (OTCPK:AIBRF) 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.

AIB Group LT-Debt-to-Total-Asset Related Terms

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AIB Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AIB Group PLC (OTCPK:AIBRF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AIBGY:USA A5G:Ireland A5Gi:UK AIBG:UK A5G:Germany A5G:Germany

Address

10 Molesworth Street, Dublin 2, IRL, D02 R126

Website

https://www.aib.ie

AIB Group PLC is a banking services company. The company's operating segments are Retail Banking; Capital Markets; AIB UK and Group. It generates maximum revenue from the Retail Banking segment. Retail Banking segment comprises Homes and Consumer, SME and Financial Solutions Group (FSG) in a single integrated segment, focused on meeting the current, emerging and future needs of personal and SME customers. Geographically, it derives a majority of revenue from Ireland and also has a presence in the United Kingdom and the Rest of the World.