Habib Metropolitan Bank (KAR:HMB) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Habib Metropolitan 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. Habib Metropolitan Bank's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Habib Metropolitan Bank's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.02). It may suggest that Habib Metropolitan Bank is progressively becoming more dependent on debt to grow their business.

Habib Metropolitan Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Habib Metropolitan 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.

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Habib Metropolitan Bank LT-Debt-to-Total-Asset Chart

Habib Metropolitan Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.02

0.01

Habib Metropolitan Bank Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.01	0.02	0.02	0.02

Habib Metropolitan Bank LT-Debt-to-Total-Asset Calculation

Habib Metropolitan Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	22450.298	/	1573662.778
	=	0.01

Habib Metropolitan Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	36833.446	/	1688499.618
	=	0.02

Habib Metropolitan Bank (KAR:HMB) 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.

Habib Metropolitan Bank LT-Debt-to-Total-Asset Related Terms

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Habib Metropolitan Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Habib Metropolitan Bank Ltd (KAR:HMB) » Definitions » LT-Debt-to-Total-Asset

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Address

I.I. Chundrigar Road, Ground Floor, HabibMetro Head Office, Karachi, SD, PAK, 74200

Website

https://www.habibmetro.com

Habib Metropolitan Bank Ltd is a provider of commercial banking products and services to individual and corporate customers. The bank utilizes the medium of branch banking and electronic banking channels to render a hoard of products and services such as current and savings accounts, deposits, remittance, cash management services, E-salary accounts and web banking. Its operating segment includes Trade and Sales; Retail Banking and Commercial Banking. The Bank conducts all its operations in Pakistan including an offshore branch in Karachi Export Processing Zone.

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