Bawag Group AG (MEX:BG1) LT-Debt-to-Total-Asset : 0.27 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Bawag Group 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. Bawag Group AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.27.

Bawag Group AG's long-term debt to total assets ratio increased from Jun. 2023 (0.25) to Jun. 2024 (0.27). It may suggest that Bawag Group AG is progressively becoming more dependent on debt to grow their business.

Bawag Group AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bawag Group 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.

* Premium members only.

Bawag Group AG LT-Debt-to-Total-Asset Chart

Bawag Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.13

0.14

0.18

0.25

Bawag Group AG Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.18	0.25	0.25	0.27

Bawag Group AG LT-Debt-to-Total-Asset Calculation

Bawag Group 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 )
	=	257408.825	/	1026377.43
	=	0.25

Bawag Group AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	281802.23	/	1057655.634
	=	0.27

Bawag Group AG (MEX:BG1) 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.

Bawag Group AG LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Bawag Group AG's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Bawag Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bawag Group AG (MEX:BG1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BWAGF:USA 0RVE:UK BGv:UK 0B2:Germany BG:Austria

Address

Wiedner Gurtel 11, Vienna, AUT, 1100

Website

https://www.bawaggroup.com

Bawag Group AG provides banking and financial products and services. The company serves retail, small business, and corporate customers offering comprehensive savings, payment, lending, leasing, investment, building society, and insurance products and services through various online and offline channels. The operating business segments of the company are Retail and SME which generates key revenue; Corporates, Real Estate and Public Sector; Treasury and Corporate Center.

Bawag Group AG Headlines

No Headlines