Bahrain Flour Mills Co (BAH:BFM) LT-Debt-to-Total-Asset : 0.04 (As of Jun. 2024)

View and export this data going back to . Start your Free Trial

What is Bahrain Flour Mills Co 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. Bahrain Flour Mills Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.04.

Bahrain Flour Mills Co's long-term debt to total assets ratio increased from Jun. 2023 (0.03) to Jun. 2024 (0.04). It may suggest that Bahrain Flour Mills Co is progressively becoming more dependent on debt to grow their business.

Bahrain Flour Mills Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bahrain Flour Mills Co'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.

* Premium members only.

Bahrain Flour Mills Co LT-Debt-to-Total-Asset Chart

Bahrain Flour Mills Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.03

Bahrain Flour Mills Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.04	0.04

Bahrain Flour Mills Co LT-Debt-to-Total-Asset Calculation

Bahrain Flour Mills Co'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 )
	=	1.197	/	35.549
	=	0.03

Bahrain Flour Mills Co'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 )
	=	1.452	/	37.821
	=	0.04

Bahrain Flour Mills Co (BAH:BFM) 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.

Bahrain Flour Mills Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Bahrain Flour Mills Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Bahrain Flour Mills Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bahrain Flour Mills Co (BAH:BFM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 1773, Road No. 4236, Block No. 342, P.O. Box 26787, Mina Salman, Manama, BHR

Website

https://www.bfm.bh

Bahrain Flour Mills Co is engaged in wheat grinding and flour marketing. The principal activities of the company include the import of wheat and the production of wheat flour and related products. It offers the product such as all-purpose flour, pizza flour, and dumpling mix with yeast, hab harees, jereesh, semolina, wheat bran and wheat germ. The company markets and sells its products to auto bakeries, hotels, restaurants, super- and hypermarkets.

Bahrain Flour Mills Co Headlines

No Headlines