Sri Lanka Telecom (COL:SLTL.N0000) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

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What is Sri Lanka Telecom 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. Sri Lanka Telecom's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

Sri Lanka Telecom's long-term debt to total assets ratio declined from Mar. 2023 (0.22) to Mar. 2024 (0.20). It may suggest that Sri Lanka Telecom is progressively becoming less dependent on debt to grow their business.

Sri Lanka Telecom LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sri Lanka Telecom'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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Sri Lanka Telecom LT-Debt-to-Total-Asset Chart

Sri Lanka Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.28

0.26

0.23

0.20

0.21

Sri Lanka Telecom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.23	0.23	0.21	0.20

Sri Lanka Telecom LT-Debt-to-Total-Asset Calculation

Sri Lanka Telecom'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 )
	=	52705	/	246675
	=	0.21

Sri Lanka Telecom's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	50110	/	247238
	=	0.20

Sri Lanka Telecom (COL:SLTL.N0000) 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.

Sri Lanka Telecom LT-Debt-to-Total-Asset Related Terms

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Sri Lanka Telecom (COL:SLTL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sri Lanka Telecom PLC (COL:SLTL.N0000) » Definitions » LT-Debt-to-Total-Asset

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Address

Lotus Road, P.O. Box 503, Telecom Headquarters, Colombo, LKA, 01

Website

https://www.slt.lk

Sri Lanka Telecom PLC is the National Information and Communications Technology (ICT) solutions, and broadband and infrastructure services provider in Sri Lanka. It operates in three segments, namely, fixed ICT operations, mobile ICT operations, and other segment operations. Fixed ICT operations include the supply of fixed telecommunication services. Mobile ICT operations include the supply of mobile telecommunication services. Other segment operations include Directory publication and support services.

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