Pakistan Aluminium Beverage Cans (KAR:PABC) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

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What is Pakistan Aluminium Beverage Cans 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. Pakistan Aluminium Beverage Cans's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Pakistan Aluminium Beverage Cans's long-term debt to total assets ratio declined from Sep. 2023 (0.09) to Sep. 2024 (0.04). It may suggest that Pakistan Aluminium Beverage Cans is progressively becoming less dependent on debt to grow their business.

Pakistan Aluminium Beverage Cans LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pakistan Aluminium Beverage Cans'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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Pakistan Aluminium Beverage Cans LT-Debt-to-Total-Asset Chart

Pakistan Aluminium Beverage Cans Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.32

0.22

0.19

0.07

Pakistan Aluminium Beverage Cans Quarterly Data
	Dec19	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													0.09	0.07	0.06	0.05	0.04

Pakistan Aluminium Beverage Cans LT-Debt-to-Total-Asset Calculation

Pakistan Aluminium Beverage Cans'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 )
	=	1425.108	/	21457.471
	=	0.07

Pakistan Aluminium Beverage Cans'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 )
	=	1276.666	/	30010.638
	=	0.04

Pakistan Aluminium Beverage Cans (KAR:PABC) 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.

Pakistan Aluminium Beverage Cans LT-Debt-to-Total-Asset Related Terms

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Pakistan Aluminium Beverage Cans Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pakistan Aluminium Beverage Cans Ltd (KAR:PABC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Main Boulevard, Plot 29-30, M-3 Industrial City, Sahianwala, Faisalabad, PB, PAK

Website

https://www.pkbevcan.com

Pakistan Aluminium Beverage Cans Ltd is engaged in the manufacturing and sale of aluminum cans. Its products include various sizes and varieties of beverage cans. Geographically, the company generates revenue from Pakistan, Afghanistan, Bangladesh, Uzbekistan, and other regions.

Pakistan Aluminium Beverage Cans Headlines

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