Bangladesh Shipping (DHA:BSC) LT-Debt-to-Total-Asset : 0.39 (As of Sep. 2024)

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What is Bangladesh Shipping 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. Bangladesh Shipping's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.39.

Bangladesh Shipping's long-term debt to total assets ratio declined from Sep. 2023 (0.45) to Sep. 2024 (0.39). It may suggest that Bangladesh Shipping is progressively becoming less dependent on debt to grow their business.

Bangladesh Shipping LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bangladesh Shipping'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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Bangladesh Shipping LT-Debt-to-Total-Asset Chart

Bangladesh Shipping Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.58

0.55

0.51

0.46

0.41

Bangladesh Shipping Quarterly Data
	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													0.45	0.44	0.42	0.41	0.39

Bangladesh Shipping LT-Debt-to-Total-Asset Calculation

Bangladesh Shipping's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	15552.392	/	38115.295
	=	0.41

Bangladesh Shipping'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 )
	=	15552.392	/	39978.336
	=	0.39

Bangladesh Shipping (DHA:BSC) 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.

Bangladesh Shipping LT-Debt-to-Total-Asset Related Terms

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Bangladesh Shipping Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangladesh Shipping Corp (DHA:BSC) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Saltgola Road, P.O. Box no. 641, BSC Bhaban, Chattogram, BGD, 4100

Website

https://bsc.portal.gov.bd

Bangladesh Shipping Corp is the national flag carrier engaged in shipping and ancillary businesses on International routes. Its Services are Liner Service, Chartering & Tramping service, Feeder Service, Crude Oil Carrying, Crude Oil Lightening, Food Grain Carrying, Food Grain lightening, Agency Service, and Ship Repair.

Bangladesh Shipping Headlines

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