Banader Hotels Co BSC (BAH:BANADER) LT-Debt-to-Total-Asset : 0.24 (As of Sep. 2023)

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What is Banader Hotels Co BSC 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. Banader Hotels Co BSC's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.24.

Banader Hotels Co BSC's long-term debt to total assets ratio declined from Sep. 2022 (0.31) to Sep. 2023 (0.24). It may suggest that Banader Hotels Co BSC is progressively becoming less dependent on debt to grow their business.

Banader Hotels Co BSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banader Hotels Co BSC'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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Banader Hotels Co BSC LT-Debt-to-Total-Asset Chart

Banader Hotels Co BSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.43

0.40

0.39

0.34

Banader Hotels Co BSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	-	-	0.27	0.24

Banader Hotels Co BSC LT-Debt-to-Total-Asset Calculation

Banader Hotels Co BSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0.075	/	32.713
	=	0.00

Banader Hotels Co BSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	7.827	/	32.376
	=	0.24

Banader Hotels Co BSC (BAH:BANADER) 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.

Banader Hotels Co BSC LT-Debt-to-Total-Asset Related Terms

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Banader Hotels Co BSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Banader Hotels Co BSC (BAH:BANADER) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Road 2813, Block 428, Flat 52, Building 1006, P.O. Box 2474, Manama, BHR

Website

https://www.banaderhotels.com

Banader Hotels Co BSC is involved in building and investing in hotels. The company provides Rooms, and Food and Beverages. Banader Hotels caters its services to only Bahrain market.

Banader Hotels Co BSC Headlines

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