Attijariwafa Bank (CAS:ATW) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

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What is Attijariwafa Bank 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. Attijariwafa Bank's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

Attijariwafa Bank's long-term debt to total assets ratio declined from Sep. 2023 (0.06) to Sep. 2024 (0.05). It may suggest that Attijariwafa Bank is progressively becoming less dependent on debt to grow their business.

Attijariwafa Bank LT-Debt-to-Total-Asset Historical Data

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

Attijariwafa Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.06

0.05

Attijariwafa Bank 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															0.06	0.05	0.06	0.05	0.05

Attijariwafa Bank LT-Debt-to-Total-Asset Calculation

Attijariwafa Bank'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 )
	=	35860.062	/	659005.886
	=	0.05

Attijariwafa Bank'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 )
	=	36628.451	/	716568.375
	=	0.05

Attijariwafa Bank (CAS:ATW) 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.

Attijariwafa Bank LT-Debt-to-Total-Asset Related Terms

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Attijariwafa Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Attijariwafa Bank SA (CAS:ATW) » Definitions » LT-Debt-to-Total-Asset

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Address

2, Boulevard Moulay Youssef, PO Box No. 20000, Casablanca, MAR

Website

http://www.attijariwafabank.com

Attijariwafa Bank SA is a Morrocan based financial and banking group. It is engaged in the provision of banking and insurance products and services. The company's banking activities include personal and professional banking, corporate banking, investment banking and international banking.