Philippine Business Bank (PHS:PBB) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

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

Philippine Business Bank's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.04). It may suggest that Philippine Business Bank is progressively becoming more dependent on debt to grow their business.

Philippine Business Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Philippine Business 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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Philippine Business Bank LT-Debt-to-Total-Asset Chart

Philippine Business Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.03

0.02

0.04

Philippine Business Bank 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															0.02	0.04	0.04	0.04	0.04

Philippine Business Bank LT-Debt-to-Total-Asset Calculation

Philippine Business Bank'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 )
	=	5343.829	/	154414.455
	=	0.03

Philippine Business Bank'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 )
	=	5980.963	/	161316.94
	=	0.04

Philippine Business Bank (PHS:PBB) 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.

Philippine Business Bank LT-Debt-to-Total-Asset Related Terms

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Philippine Business Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Philippine Business Bank (PHS:PBB) » Definitions » LT-Debt-to-Total-Asset

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Address

350 Rizal Avenue Extension Corner, 8th Avenue, Grace Park, Caloocan City, PHL, 1400

Website

https://www.pbb.com.ph

Philippine Business Bank engages in the business of thrift banking. It provides banking and financial services. The company's predominant operating segments are Consumer Banking which includes auto financing, home financing, and salary or personal loans; Corporate Banking which includes term loans, working capital credit lines, bills purchase, and discounting lines; and Treasury Operations engages in managing the liquidity of the Bank and its trading and investment activities. The majority of its revenue comes from the Corporate Banking segment.

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