Engro Fertilizers (KAR:EFERT) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Engro Fertilizers 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. Engro Fertilizers's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

Engro Fertilizers's long-term debt to total assets ratio increased from Dec. 2023 (0.02) to Dec. 2024 (0.11). It may suggest that Engro Fertilizers is progressively becoming more dependent on debt to grow their business.

Engro Fertilizers LT-Debt-to-Total-Asset Historical Data

The historical data trend for Engro Fertilizers'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.

Engro Fertilizers LT-Debt-to-Total-Asset Chart

Engro Fertilizers Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.09

0.04

0.02

0.11

Engro Fertilizers 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															0.02	0.02	0.02	0.06	0.11

Engro Fertilizers LT-Debt-to-Total-Asset Calculation

Engro Fertilizers'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 )
	=	18701.703	/	170602.11
	=	0.11

Engro Fertilizers'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 )
	=	18701.703	/	170602.11
	=	0.11

Engro Fertilizers (KAR:EFERT) 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.

Engro Fertilizers LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Engro Fertilizers's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Engro Fertilizers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Engro Fertilizers Ltd (KAR:EFERT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No HC No-3, Marine Drive, Block 4, 6th Floor, The Harbor Front Building, Scheme Number 5, Clifton, Karachi, SD, PAK, 75600

Website

https://www.engrofertilizers.com

Engro Fertilizers Ltd is a Pakistan-based company mainly involved in the manufacturing, purchasing, and marketing of fertilizers, seeds, and pesticides and providing logistics services. It operates in four segments: Urea, Phosphates, Specialty Fertilizers Business and others. The company offers different ranges of products under brand names such as Engro Urea, Engro DAP, Engro NP, Engro Envy, Engro Zarkhez, Engro MOP, and Zingro.

Engro Fertilizers Headlines

No Headlines