Power Grid Company of Bangladesh (DHA:POWERGRID) LT-Debt-to-Total-Asset : 0.73 (As of Dec. 2023)

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What is Power Grid Company of 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. Power Grid Company of Bangladesh's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.73.

Power Grid Company of Bangladesh's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.73) to Dec. 2023 (0.73).

Power Grid Company of Bangladesh LT-Debt-to-Total-Asset Historical Data

The historical data trend for Power Grid Company of 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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Power Grid Company of Bangladesh LT-Debt-to-Total-Asset Chart

Power Grid Company of Bangladesh Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.66

0.65

0.67

0.71

0.73

Power Grid Company of Bangladesh Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.73	0.74	0.73	0.74	0.73

Power Grid Company of Bangladesh LT-Debt-to-Total-Asset Calculation

Power Grid Company of Bangladesh's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	401674.255	/	546910.466
	=	0.73

Power Grid Company of Bangladesh's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	434274.059	/	591577.093
	=	0.73

Power Grid Company of Bangladesh (DHA:POWERGRID) 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.

Power Grid Company of Bangladesh LT-Debt-to-Total-Asset Related Terms

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Power Grid Company of Bangladesh (DHA:POWERGRID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Power Grid Company of Bangladesh Ltd (DHA:POWERGRID) » Definitions » LT-Debt-to-Total-Asset

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Address

PGCB Bhaban, Avenue-03, Jahurul Islam City, Aftabnagar, Badda, Dhaka, BGD, 1212

Website

http://www.pgcb.gov.bd

Power Grid Company of Bangladesh Ltd is involved in planning, promoting, developing, operating, and maintaining an integrated and efficient power transmission system/network throughout Bangladesh. It also provides transmission lines, sub-stations, load dispatch centers, communication facilities, and others.

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