Heidelberg Materials Bangladesh (DHA:HEIDELBCEM) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Heidelberg Materials Bangladesh 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. Heidelberg Materials Bangladesh's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Heidelberg Materials Bangladesh's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.03). It may suggest that Heidelberg Materials Bangladesh is progressively becoming more dependent on debt to grow their business.

Heidelberg Materials Bangladesh LT-Debt-to-Total-Asset Historical Data

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

Heidelberg Materials Bangladesh Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.11

0.07

0.06

0.02

Heidelberg Materials Bangladesh 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															0.02	0.02	0.02	0.02	0.03

Heidelberg Materials Bangladesh LT-Debt-to-Total-Asset Calculation

Heidelberg Materials Bangladesh'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 )
	=	305.575	/	12621.995
	=	0.02

Heidelberg Materials Bangladesh'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 )
	=	276.245	/	11124.13
	=	0.02

Heidelberg Materials Bangladesh (DHA:HEIDELBCEM) 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.

Heidelberg Materials Bangladesh LT-Debt-to-Total-Asset Related Terms

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Heidelberg Materials Bangladesh Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Heidelberg Materials Bangladesh PLC (DHA:HEIDELBCEM) » Definitions » LT-Debt-to-Total-Asset

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Address

Road No.142, Plot No. SE (F) 9, Symphony 6th Floor, South Avenue South, Gulshan -1, Dhaka, BGD, 1212

Website

https://www.heidelbergcementbd.com

Heidelberg Materials Bangladesh PLC is a producer of cement in Bangladesh. It offers Portland composite cement and ordinary Portland cement and Multi Purpose Cement under two brands namely "RubyCement" and "ScanCement. It is engaged in various projects such as Bijoy Sarani, Mohakhali Flyover, Lalon Shah (Pakshi) Bridge, Shah Amanat International Airport, Third Karnaphuli Bridge, Bahaddarhat Flyover, North-South University, Chittagong Port Flyover, Karnaphuli Water Supply Project, and many others.

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