Berner Kantonalbank AG (LTS:0QM2) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2023)

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What is Berner Kantonalbank AG 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. Berner Kantonalbank AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.20.

Berner Kantonalbank AG's long-term debt to total assets ratio increased from Dec. 2022 (0.20) to Dec. 2023 (0.20). It may suggest that Berner Kantonalbank AG is progressively becoming more dependent on debt to grow their business.

Berner Kantonalbank AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Berner Kantonalbank AG'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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Berner Kantonalbank AG LT-Debt-to-Total-Asset Chart

Berner Kantonalbank AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.16

0.19

0.20

Berner Kantonalbank AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.20	0.20	0.20	0.20

Berner Kantonalbank AG LT-Debt-to-Total-Asset Calculation

Berner Kantonalbank AG'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 )
	=	7852.566	/	40053.489
	=	0.20

Berner Kantonalbank AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	7852.566	/	40053.489
	=	0.20

Berner Kantonalbank AG (LTS:0QM2) 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.

Berner Kantonalbank AG LT-Debt-to-Total-Asset Related Terms

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Berner Kantonalbank AG (LTS:0QM2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berner Kantonalbank AG (LTS:0QM2) » Definitions » LT-Debt-to-Total-Asset

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BEKNz:UK BEKN:Switzerland

Address

Bundesplatz 8, Postfach, Bern, CHE, 3011

Website

https://www.bekb.ch

Berner Kantonalbank AG is a Swiss cantonal bank. It is engaged in the business activities in the Canton and the neighboring economic area. It manages the assets, grants loans to private individuals and companies. The bank offers solutions for paying, saving, investing, financing and provisioning. It focuses its activities on two core business areas namely business with private and corporate customers, in particular, SMEs, and asset management. The bank provides consultancies to SMEs and individuals, as an employer, as a training bank, and as a taxpayer.

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