City Union Bank (NSE:CUB) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

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What is City Union Bank 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. City Union Bank's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

City Union Bank's long-term debt to total assets ratio declined from Mar. 2023 (0.08) to Mar. 2024 (0.07). It may suggest that City Union Bank is progressively becoming less dependent on debt to grow their business.

City Union Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for City Union Bank'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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City Union Bank LT-Debt-to-Total-Asset Chart

City Union Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.04

0.03

0.09

0.08

0.07

City Union Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	-	0.07	-	0.07

City Union Bank LT-Debt-to-Total-Asset Calculation

City Union Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	47241.577	/	708258.685
	=	0.07

City Union Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	47241.577	/	708258.685
	=	0.07

City Union Bank (NSE:CUB) 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.

City Union Bank LT-Debt-to-Total-Asset Related Terms

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City Union Bank (NSE:CUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » City Union Bank Ltd (NSE:CUB) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

532210:India

Address

Number 24 - B, Gandhi Nagar, Narayana, Kumbakonam, Thanjavur, TN, IND, 612 001

Website

https://www.cityunionbank.com

City Union Bank Ltd is a provider of banking products and services to individuals and corporations in India. The company is based in India, and generates the entirety of its revenue domestically. City Union Bank operates through four segments: Corporate banking, Treasury, Retail Banking and Other Banking Operations. Of these, Retail Banking is the largest contributor to the bank's revenues. Services offered to clients include savings and current accounts, deposits, credit, foreign deposits, auto loans, educational loans, consumer and jewel loans, life insurance, general insurance and online banking services.