Bank Millennium (FRA:1HN) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Bank Millennium 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. Bank Millennium's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Bank Millennium's long-term debt to total assets ratio increased from Dec. 2023 (0.04) to Dec. 2024 (0.06). It may suggest that Bank Millennium is progressively becoming more dependent on debt to grow their business.

Bank Millennium LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bank Millennium'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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Bank Millennium LT-Debt-to-Total-Asset Chart

Bank Millennium Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.02

0.04

0.06

Bank Millennium 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															0.04	0.04	0.04	0.05	0.06

Bank Millennium LT-Debt-to-Total-Asset Calculation

Bank Millennium's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1980.755	/	34663.09
	=	0.06

Bank Millennium'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 )
	=	1980.755	/	34663.09
	=	0.06

Bank Millennium (FRA:1HN) 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.

Bank Millennium LT-Debt-to-Total-Asset Related Terms

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Bank Millennium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Millennium SA (FRA:1HN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

MIL:Poland

Address

ul. Stanis?awa ?aryna 2A, Warsaw, POL, 02-593

Website

https://www.bankmillennium.pl

Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, FX mortgage loans, treasury operations, assets/liabilities management and other segment. The company derives the majority of its revenue from the retail segment which comprises the banking products and services provided to individual customers on the mass market, affluent customers, sole traders as well as services to small companies.

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