Optima bank (FRA:C59) LT-Debt-to-Total-Asset: 0.01 (As of Jun. 2023)


FRA:C59 Optima bank SA FRA:C59
20 GF Score
Price €9.90
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What is Optima bank LT-Debt-to-Total-Asset?

Optima bank FRA:C59 +1.54% 20 LT-Debt-to-Total-Asset is 0.01 as of Jun. 2023. GuruFocus rates FRA:C59 with a GF Score™ of 20/100.

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. Optima bank's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.01.

Optima bank's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Jun. 2023 (0.01). It may suggest that Optima bank is progressively becoming more dependent on debt to grow their business.

Optima bank  (FRA:C59) 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.

Optima bank LT-Debt-to-Total-Asset Related Terms

Optima bank LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Optima bank'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.

Optima bank LT-Debt-to-Total-Asset Chart

Optima bank Annual Data
Trend Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.02 0.01 0.01

Optima bank Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
LT-Debt-to-Total-Asset 0.02 0.01 0.00 0.01 0.01
FRA:C59
20GF Score
Optima bank SA FRA:C59
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Optima bank LT-Debt-to-Total-Asset Calculation

Optima bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=25.294/2607.737
=0.01

Optima bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=24.975/3209.196
=0.01

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Optima bank (FRA:C59) has a LT-Debt-to-Total-Asset of 0.01 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Optima bank and its competitors.
Is Optima bank's LT-Debt-to-Total-Asset too high?
Optima bank's current LT-Debt-to-Total-Asset is 0.01. Overall, Optima bank has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Optima bank's LT-Debt-to-Total-Asset compare to ?
Optima bank's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Banks company?
A good LT-Debt-to-Total-Asset depends on the Banks industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Optima bank and its competitors. Optima bank's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optima bank stock overvalued right now?
Optima bank (FRA:C59) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Optima bank's overall GF Score™ is 20/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Optima bank (FRA:C59), the current LT-Debt-to-Total-Asset is 0.01 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Optima bank Business Description

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Address 32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125
Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services, and Business Receivables Agency.
20GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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