Bay Leasing & Investment (DHA:BAYLEASING) LT-Debt-to-Total-Asset : 0.34 (As of Sep. 2024)

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What is Bay Leasing & Investment 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. Bay Leasing & Investment's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.34.

Bay Leasing & Investment's long-term debt to total assets ratio declined from Sep. 2023 (0.35) to Sep. 2024 (0.34). It may suggest that Bay Leasing & Investment is progressively becoming less dependent on debt to grow their business.

Bay Leasing & Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bay Leasing & Investment'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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Bay Leasing & Investment LT-Debt-to-Total-Asset Chart

Bay Leasing & Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.40

0.36

0.38

0.35

Bay Leasing & Investment 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															0.35	0.35	0.35	0.34	0.34

Bay Leasing & Investment LT-Debt-to-Total-Asset Calculation

Bay Leasing & Investment'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 )
	=	5104.715	/	14419.491
	=	0.35

Bay Leasing & Investment'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 )
	=	4663.56	/	13863.523
	=	0.34

Bay Leasing & Investment (DHA:BAYLEASING) 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.

Bay Leasing & Investment LT-Debt-to-Total-Asset Related Terms

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Bay Leasing & Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Bay Leasing & Investment Ltd (DHA:BAYLEASING) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eunoos Trade Centre, Level-18, 52-53 Dilkusha C/A, Motijheel C/A, Dhaka, BGD, 1000

Website

https://www.blilbd.com

Bay Leasing & Investment Ltd is engaged in lease financing for all types of machinery and equipment including vehicles for industrial, commercial and private purposes. The company is also engaged in term finance, housing finance among others. The company's products and services include Lease finance, Term loan, Home loan, SME loan, and Other.

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