Bank of India (BOM:532149) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is Bank of India 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. Bank of India's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

Bank of India's long-term debt to total assets ratio increased from Dec. 2023 (0.09) to Dec. 2024 (0.13). It may suggest that Bank of India is progressively becoming more dependent on debt to grow their business.

Bank of India LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bank of India'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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Bank of India LT-Debt-to-Total-Asset Chart

Bank of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.04

0.03

0.08

0.07

Bank of India 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															0.09	0.07	0.09	0.12	0.13

Bank of India LT-Debt-to-Total-Asset Calculation

Bank of India's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	664602.697	/	9242803.54
	=	0.07

Bank of India'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 )
	=	1366899.1	/	10454029.2
	=	0.13

Bank of India (BOM:532149) 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.

Bank of India LT-Debt-to-Total-Asset Related Terms

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Bank of India Business Description

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BANKINDIA:India

Address

Bandra Kurla Complex, Star House, C-5, G Block, Bandra (East), Mumbai, MH, IND, 400051

Website

https://www.bankofindia.co.in

Bank of India Limited is a provider of banking products and services headquartered in Mumbai, India. The bank provides services within India and internationally and generates the majority of its revenue domestically. Structurally, the bank is organized into the following segments; Treasury operations deals in government securities, money market, and foreign exchange transactions. Wholesale banking operations offers loans, trade finance, project finance, syndication, mutual funds, and portfolio management. Retail banking operations include home, education, and personal loans, savings and current accounts, overdrafts, and deposits; and other banking operations.

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