Fawry For Banking Technology And Electronic Payment (CAI:FWRY) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Fawry For Banking Technology And Electronic Payment 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. Fawry For Banking Technology And Electronic Payment's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Fawry For Banking Technology And Electronic Payment's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.04). It may suggest that Fawry For Banking Technology And Electronic Payment is progressively becoming more dependent on debt to grow their business.

Fawry For Banking Technology And Electronic Payment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fawry For Banking Technology And Electronic Payment'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.

Fawry For Banking Technology And Electronic Payment LT-Debt-to-Total-Asset Chart

Fawry For Banking Technology And Electronic Payment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.02

0.03

Fawry For Banking Technology And Electronic Payment Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.03	0.04	0.03	0.04

Fawry For Banking Technology And Electronic Payment LT-Debt-to-Total-Asset Calculation

Fawry For Banking Technology And Electronic Payment'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 )
	=	258.453	/	8971.584
	=	0.03

Fawry For Banking Technology And Electronic Payment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	430.975	/	11438.93
	=	0.04

Fawry For Banking Technology And Electronic Payment (CAI:FWRY) 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.

Fawry For Banking Technology And Electronic Payment LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Fawry For Banking Technology And Electronic Payment's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Fawry For Banking Technology And Electronic Payment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fawry For Banking Technology And Electronic Payment (CAI:FWRY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Smart Village, Building 221, Floor 12, Financial district, Cairo, EGY

Website

https://www.fawry.com

Fawry For Banking Technology And Electronic Payment is engaged in providing operations services specialized in systems and communications, management, operating and maintenance of equipment's and computers networks services and internal systems of banks, networks, and centralized systems, establish operating systems for banking services through the internet, phone and e-payment services and circulation of secured documents electronically, and renting properties.

Fawry For Banking Technology And Electronic Payment Headlines

No Headlines