Cherat Cement Co (KAR:CHCC) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

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What is Cherat Cement Co 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. Cherat Cement Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

Cherat Cement Co's long-term debt to total assets ratio declined from Dec. 2023 (0.12) to Dec. 2024 (0.05). It may suggest that Cherat Cement Co is progressively becoming less dependent on debt to grow their business.

Cherat Cement Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cherat Cement Co'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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Cherat Cement Co LT-Debt-to-Total-Asset Chart

Cherat Cement Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.52

0.37

0.26

0.16

0.07

Cherat Cement Co 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															0.12	0.11	0.07	0.06	0.05

Cherat Cement Co LT-Debt-to-Total-Asset Calculation

Cherat Cement Co'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 )
	=	2740.136	/	41034.052
	=	0.07

Cherat Cement Co'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 )
	=	2673.969	/	54563.301
	=	0.05

Cherat Cement Co (KAR:CHCC) 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.

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Cherat Cement Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cherat Cement Co Ltd (KAR:CHCC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Beaumont Road, Modern Motors House, Karachi, SD, PAK, 75530

Website

https://www.gfg.com.pk

Cherat Cement Co Ltd is a Pakistan-based company engaged in the manufacturing, marketing and sale of Ordinary Portland Cement. The company operates in one operating segment namely manufacturing, marketing, and sale of cement. The plant of the company is located at Village Lakrai, District Nowshera, Khyber Pakhtunkhwa (KPK) province.

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