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Bac A Commercial Joint Stock Bank (HSTC:BAB) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)


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What is Bac A Commercial Joint Stock Bank 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. Bac A Commercial Joint Stock Bank's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Bac A Commercial Joint Stock Bank's long-term debt to total assets ratio increased from Dec. 2023 (0.05) to Dec. 2024 (0.10). It may suggest that Bac A Commercial Joint Stock Bank is progressively becoming more dependent on debt to grow their business.


Bac A Commercial Joint Stock Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bac A Commercial Joint Stock 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.

* Premium members only.

Bac A Commercial Joint Stock Bank LT-Debt-to-Total-Asset Chart

Bac A Commercial Joint Stock Bank Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
0.05 0.05 0.06 0.05 0.10

Bac A Commercial Joint Stock Bank 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.07 0.06 0.10

Bac A Commercial Joint Stock Bank LT-Debt-to-Total-Asset Calculation

Bac A Commercial Joint Stock Bank'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 )
=16151208/165486693
=0.10

Bac A Commercial Joint Stock Bank'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 )
=16151208/165486693
=0.10

* 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.


Bac A Commercial Joint Stock Bank  (HSTC:BAB) 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.


Bac A Commercial Joint Stock Bank LT-Debt-to-Total-Asset Related Terms

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Bac A Commercial Joint Stock Bank Business Description

Traded in Other Exchanges
N/A
Address
No. 117, Quang Trung Street, Quang Trung Ward, Nghe An Province, Vinh, VNM
Bac A Commercial Joint Stock Bank provides banking services. The company's services include Guarantee service; Payment deposit; Trade finance; Insurance; Overseas and domestic fast money transfers and others.

Bac A Commercial Joint Stock Bank Headlines

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