Bank of New York Mellon (MIL:1BK) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Bank of New York Mellon 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. Bank of New York Mellon's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.08.

Bank of New York Mellon's long-term debt to total assets ratio increased from Sep. 2023 (0.07) to Sep. 2024 (0.08). It may suggest that Bank of New York Mellon is progressively becoming more dependent on debt to grow their business.

Bank of New York Mellon LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bank of New York Mellon'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.

Bank of New York Mellon LT-Debt-to-Total-Asset Chart

Bank of New York Mellon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.06

0.08

Bank of New York Mellon 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															0.07	0.08	0.08	0.07	0.08

Bank of New York Mellon LT-Debt-to-Total-Asset Calculation

Bank of New York Mellon'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 )
	=	29101.912	/	375926.901
	=	0.08

Bank of New York Mellon'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 )
	=	30273.6	/	385142.361
	=	0.08

Bank of New York Mellon (MIL:1BK) 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.

Bank of New York Mellon LT-Debt-to-Total-Asset Related Terms

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

Bank of New York Mellon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of New York Mellon Corp (MIL:1BK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BK:USA BK:Mexico 0HLQ:UK BN9:Germany BN9:Germany BONY34:Brazil BONY:Austria BK:Argentina

Address

240 Greenwich Street, New York, NY, USA, 10286

Website

https://www.bnymellon.com

BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with $52.1 trillion in under custody or administration (as of September 2024), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.1 trillion in assets.

Bank of New York Mellon Headlines

No Headlines