Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is Banque Marocaine pour le Commerce et l'Industrie 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. Banque Marocaine pour le Commerce et l'Industrie's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

Banque Marocaine pour le Commerce et l'Industrie's long-term debt to total assets ratio increased from Dec. 2023 (0.12) to Dec. 2024 (0.13). It may suggest that Banque Marocaine pour le Commerce et l'Industrie is progressively becoming more dependent on debt to grow their business.

Banque Marocaine pour le Commerce et l'Industrie LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banque Marocaine pour le Commerce et l'Industrie'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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Banque Marocaine pour le Commerce et l'Industrie LT-Debt-to-Total-Asset Chart

Banque Marocaine pour le Commerce et l'Industrie Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.10

0.12

0.11

0.12

0.13

Banque Marocaine pour le Commerce et l'Industrie 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															0.12	0.11	0.13	0.14	0.13

Banque Marocaine pour le Commerce et l'Industrie LT-Debt-to-Total-Asset Calculation

Banque Marocaine pour le Commerce et l'Industrie's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	10103.838	/	78074.415
	=	0.13

Banque Marocaine pour le Commerce et l'Industrie'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 )
	=	10103.838	/	78074.415
	=	0.13

Banque Marocaine pour le Commerce et l'Industrie (CAS:BCI) 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.

Banque Marocaine pour le Commerce et l'Industrie LT-Debt-to-Total-Asset Related Terms

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Banque Marocaine pour le Commerce et l'Industrie Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banque Marocaine pour le Commerce et l'Industrie SA (CAS:BCI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

26, place des Nations Unies, Casablanca, MAR, 20000

Website

http://www.bmci.ma

Banque Marocaine pour le Commerce et l'Industrie SA is a Morocco-based banking firm. The company provides retail and corporate banking services. It also provides investment, insurance, credit and other services. In addition, it offers remote banking, furniture and real estate leasing and asset management services.

Banque Marocaine pour le Commerce et l'Industrie Headlines

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