Dhaka Electric Supply Co (DHA:DESCO) LT-Debt-to-Total-Asset : 0.33 (As of Dec. 2024)

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What is Dhaka Electric Supply Co 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. Dhaka Electric Supply Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.33.

Dhaka Electric Supply Co's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.33). It may suggest that Dhaka Electric Supply Co is progressively becoming more dependent on debt to grow their business.

Dhaka Electric Supply Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dhaka Electric Supply Co'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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Dhaka Electric Supply Co LT-Debt-to-Total-Asset Chart

Dhaka Electric Supply Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.35

0.32

0.34

0.31

Dhaka Electric Supply Co 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															-	0.35	0.31	0.31	0.33

Dhaka Electric Supply Co LT-Debt-to-Total-Asset Calculation

Dhaka Electric Supply Co'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 )
	=	27554.442	/	89397.002
	=	0.31

Dhaka Electric Supply Co'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 )
	=	28119.681	/	86041.943
	=	0.33

Dhaka Electric Supply Co (DHA:DESCO) 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.

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Dhaka Electric Supply Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Dhaka Electric Supply Co Ltd (DHA:DESCO) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

22/B Faruk Sarani, Nikunja-2, Khilkhet, Dhaka, BGD, 1229

Website

https://desco.gov.bd

Dhaka Electric Supply Co Ltd is a Bangladesh-based company engaged in the distribution of electricity. The firm provides electricity in various types of connections such as 230-volt single Phase, 400-volt three phases, 11 Kilo Volt Medium Tension, pre-paid connections, and post-paid connections. It also provides services that include transformer rental, electric line, and substation-related services, customer solar panel inspection, and tariff change service.

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