Jahangir Siddiqui (KAR:JSCL) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Jahangir Siddiqui 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. Jahangir Siddiqui's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Jahangir Siddiqui's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.03). It may suggest that Jahangir Siddiqui is progressively becoming less dependent on debt to grow their business.

Jahangir Siddiqui LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jahangir Siddiqui'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.

Jahangir Siddiqui LT-Debt-to-Total-Asset Chart

Jahangir Siddiqui Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.05

0.07

0.03

0.04

Jahangir Siddiqui Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.06	0.04	0.03

Jahangir Siddiqui LT-Debt-to-Total-Asset Calculation

Jahangir Siddiqui'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 )
	=	43938.387	/	1245048.951
	=	0.04

Jahangir Siddiqui's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	37697.639	/	1322080.615
	=	0.03

Jahangir Siddiqui (KAR:JSCL) 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.

Jahangir Siddiqui LT-Debt-to-Total-Asset Related Terms

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

Jahangir Siddiqui (KAR:JSCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jahangir Siddiqui & Co Ltd (KAR:JSCL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdullah Haroon Road, 20th Floor, The Centre Plot No. 28, SB-5, Saddar, Karachi, PAK, 74400

Website

https://www.js.com

Jahangir Siddiqui & Co Ltd offers banking services. The company operates through a various business segment that is Capital Market and Brokerage, which is engaged in trading of equity securities, maintaining strategic and trading portfolios and earning share brokerage and money market, forex and commodity brokerage; Banking, which provides investment and commercial banking; Investment Advisor, which provides investment advisory and asset management services to different mutual funds and unit trusts; Energy Infrastructure and petroleum segment engaged into investment in the oil marketing sector and storage of petroleum, Liquified Petroleum gas and allied products; and Others. The Banking segment generates maximum revenue for the company.

Jahangir Siddiqui (KAR:JSCL) Headlines

No Headlines