MJL Bangladesh (DHA:MJLBD) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is MJL 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. MJL Bangladesh's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

MJL Bangladesh's long-term debt to total assets ratio declined from Dec. 2023 (0.00) to Dec. 2024 (0.00). It may suggest that MJL Bangladesh is progressively becoming less dependent on debt to grow their business.

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

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

MJL Bangladesh Annual Data

Trend

Dec14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.04

0.05

0.03

0.01

MJL Bangladesh 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															-	-	-	-	-

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

MJL Bangladesh'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 )
	=	153.345	/	41403.394
	=	0.00

MJL Bangladesh'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 )
	=	148.064	/	46498.017
	=	0.00

MJL Bangladesh (DHA:MJLBD) 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.

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

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MJL Bangladesh Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MJL Bangladesh PLC (DHA:MJLBD) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Bir Uttam Mir Shawkat Sarak, Mobil House, CWS(A) 13/A, Gulshan Avenue, Dhaka, BGD, 1212

Website

https://www.mjlbl.com

MJL Bangladesh PLC is engaged in the process, manufacture trade of lubricants, blending, and marketing of lubricants and grease products. the company has bifurcated the revenues in Oil Tanker, the Manufacturing Unit, which generates the majority of revenue, and Trading Unit. Its automotive lubricants include Car Engine Oils, Motorcycle Engine Oils, Bus & Truck Engine Oils, Gear Oils, and Others. It also produces Industrial & Specialty Lubricants which include Greases, Compressor Oils, Aviation Products, and others. It serves various industries, some of which include agriculture, automotive, construction, natural gas, and commercial industries. The majority of the revenue is generated from the domestic market but the company also exports some of its products in the International market.

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