Commercial International Bank (Egypt) CIB (LSE:CBKD) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is Commercial International Bank (Egypt) CIB 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. Commercial International Bank (Egypt) CIB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

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

Commercial International Bank (Egypt) CIB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Commercial International Bank (Egypt) CIB'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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Commercial International Bank (Egypt) CIB LT-Debt-to-Total-Asset Chart

Commercial International Bank (Egypt) CIB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.01

0.02

Commercial International Bank (Egypt) CIB 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	0.02	0.02

Commercial International Bank (Egypt) CIB LT-Debt-to-Total-Asset Calculation

Commercial International Bank (Egypt) CIB'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 )
	=	574.125	/	24028.33
	=	0.02

Commercial International Bank (Egypt) CIB'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 )
	=	574.125	/	24028.33
	=	0.02

Commercial International Bank (Egypt) CIB (LSE:CBKD) 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.

Commercial International Bank (Egypt) CIB LT-Debt-to-Total-Asset Related Terms

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Commercial International Bank (Egypt) CIB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial International Bank (Egypt) CIB (LSE:CBKD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CIBEY:USA CBKDl:UK COMI:Egypt CIN:Germany

Address

21/23 Charles De Gaulle Street, Nile Tower Building, Giza, EGY

Website

https://www.cibeg.com

Commercial International Bank (Egypt) CIB is the private-sector bank in Egypt, offering a broad range of financial products and services to its customers, which include more than 500 of Egypt's largest corporations, enterprises of all sizes, institutions, and households. Its strong brand and growth in retail and SME banking segments continue to introduce new customers to the bank.

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