The Housing Bank for Trade & Finance (AMM:THBK) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is The Housing Bank for Trade & Finance 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. The Housing Bank for Trade & Finance's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

The Housing Bank for Trade & Finance's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.02). It may suggest that The Housing Bank for Trade & Finance is progressively becoming less dependent on debt to grow their business.

The Housing Bank for Trade & Finance LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Housing Bank for Trade & Finance'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.
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The Housing Bank for Trade & Finance LT-Debt-to-Total-Asset Chart

The Housing Bank for Trade & Finance Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.02

The Housing Bank for Trade & Finance 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															0.02	-	0.02	0.02	0.02

The Housing Bank for Trade & Finance LT-Debt-to-Total-Asset Calculation

The Housing Bank for Trade & Finance'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 )
	=	214.683	/	9226.735
	=	0.02

The Housing Bank for Trade & Finance'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 )
	=	214.683	/	9226.735
	=	0.02

The Housing Bank for Trade & Finance (AMM:THBK) 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.

The Housing Bank for Trade & Finance LT-Debt-to-Total-Asset Related Terms

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The Housing Bank for Trade & Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Housing Bank for Trade & Finance (AMM:THBK) » Definitions » LT-Debt-to-Total-Asset

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Address

Al-Shumaysani-Prince Shaker Bin Zaid Street, P.O. Box 7693, Building No. 37, Amman, JOR, 11118

Website

https://www.hbtf.com

The Housing Bank for Trade & Finance is a commercial banking setup based predominantly in Jordan. Its operating segments include Retail Banking; Corporate; Corporate Finance; Treasury and Others. Retail Banking segment includes following up on deposits of individual customers and small businesses and granting them loans, debts, credit cards, and other services. Its Corporate segment includes following up on deposits, credit facilities, and other banking services for institutional and corporate clients. Corporate Finance segment relates to arranging structured finance and providing services relating to privatizations, IPOs, mergers, and acquisitions. The Treasury segment includes providing trading and treasury services and management of the Bank's funds in money and capital markets.

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