Soneri Bank (KAR:SNBL) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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

Soneri Bank's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.02). It may suggest that Soneri Bank is progressively becoming less dependent on debt to grow their business.

Soneri Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Soneri 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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Soneri Bank LT-Debt-to-Total-Asset Chart

Soneri Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.11

0.08

0.03

0.02

Soneri Bank 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	0.03	0.02

Soneri Bank LT-Debt-to-Total-Asset Calculation

Soneri Bank'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 )
	=	16460.702	/	739499.353
	=	0.02

Soneri Bank'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 )
	=	16460.702	/	739499.353
	=	0.02

Soneri Bank (KAR:SNBL) 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.

Soneri Bank LT-Debt-to-Total-Asset Related Terms

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Soneri Bank Business Description

Industry

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

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Address

307-Upper Mall Scheme, 2nd Floor, Lahore, PB, PAK, 54000

Website

https://www.soneribank.com

Soneri Bank Ltd provides banking services. It is involved in the activities of Retail Banking; Corporate and Investment Banking; Islamic Banking and Foreign Exchange Services. It offers fixed income, equity, foreign exchanges, lending, and repo services. It also offers financing, deposits, and services to corporate customers including services about mergers and acquisition and IPOs. The business segments of the bank are Corporate finance, Islamic, Trading and sales, and Retail Banking.

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