National Bank of Greece (LTS:0RCR) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

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What is National Bank of Greece 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. National Bank of Greece's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

National Bank of Greece's long-term debt to total assets ratio increased from Sep. 2023 (0.03) to Sep. 2024 (0.04). It may suggest that National Bank of Greece is progressively becoming more dependent on debt to grow their business.

National Bank of Greece LT-Debt-to-Total-Asset Historical Data

The historical data trend for National Bank of Greece'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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National Bank of Greece LT-Debt-to-Total-Asset Chart

National Bank of Greece Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

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Dec23

LT-Debt-to-Total-Asset

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0.04

0.03

0.04

National Bank of Greece Quarterly Data
	Dec19	Mar20	Jun20	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															0.03	0.04	0.04	0.04	0.04

National Bank of Greece LT-Debt-to-Total-Asset Calculation

National Bank of Greece'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 )
	=	3069	/	74584
	=	0.04

National Bank of Greece'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 )
	=	3078	/	73967
	=	0.04

National Bank of Greece (LTS:0RCR) 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.

National Bank of Greece LT-Debt-to-Total-Asset Related Terms

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National Bank of Greece Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Greece SA (LTS:0RCR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NBGRY:USA NBGIF:USA ETE:Greece NAGF:Germany NAGF:Germany NAGF:Germany

Address

86 Eolou Street, Athens, GRC, 10559

Website

https://www.nbg.gr

National Bank of Greece SA consists of a group of several subsidiaries of diverse financial services organized around a principal bank. The group's primary activities include retail and commercial banking, Global investment management, investment banking, insurance, investment activities, and securities trading. Its segments include Retail Banking, Corporate and Investment Banking, Trouble Assets Units and Special Assets solutions, Global Markets and Asset Management, Insurance and International Banking Operations, and Other. The company generates the majority of its revenue from the Retail Banking segment.

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