BONL (Bonal International) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2023)

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

What is Bonal International 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. Bonal International's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.04.

Bonal International's long-term debt to total assets ratio increased from Mar. 2021 (0.00) to Mar. 2023 (0.04). It may suggest that Bonal International is progressively becoming more dependent on debt to grow their business.

Bonal International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bonal International'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.

Bonal International LT-Debt-to-Total-Asset Chart

Bonal International Annual Data

Trend

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.04

Bonal International Semi-Annual Data
	Mar21	Mar22	Mar23
LT-Debt-to-Total-Asset	-	-	0.04

Bonal International LT-Debt-to-Total-Asset Calculation

Bonal International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	0.072	/	1.965
	=	0.04

Bonal International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	0.072	/	1.965
	=	0.04

Bonal International (OTCPK:BONL) 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.

Bonal International LT-Debt-to-Total-Asset Related Terms

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

Bonal International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bonal International Inc (OTCPK:BONL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 North Campbell Road, Royal Oak, MI, USA, 48067

Website

http://www.bonal.com

Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.

Bonal International Headlines

From GuruFocus

Bonal Announces International Distribution Agreement

By PRNewswire • 09-18-2024