Bank of Xi'an Co (SHSE:600928) LT-Debt-to-Total-Asset : 0.17 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Bank of Xi'an Co 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 Xi'an Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.17.

Bank of Xi'an Co's long-term debt to total assets ratio declined from Mar. 2023 (0.17) to Mar. 2024 (0.17). It may suggest that Bank of Xi'an Co is progressively becoming less dependent on debt to grow their business.

Bank of Xi'an Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bank of Xi'an Co'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 Xi'an Co LT-Debt-to-Total-Asset Chart

Bank of Xi'an Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.27

0.17

0.21

0.16

0.15

Bank of Xi'an Co 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															0.17	0.18	0.15	0.15	0.17

Bank of Xi'an Co LT-Debt-to-Total-Asset Calculation

Bank of Xi'an Co'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 )
	=	65339.467	/	432201.362
	=	0.15

Bank of Xi'an Co'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 )
	=	73143.579	/	441056.345
	=	0.17

Bank of Xi'an Co (SHSE:600928) 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 Xi'an Co LT-Debt-to-Total-Asset Related Terms

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

Bank of Xi'an Co (SHSE:600928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Xi'an Co Ltd (SHSE:600928) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 60, Gaoxin Road, Shaanxi Province, Xi’an, CHN, 710075

Website

http://www.xacbank.com

Bank of Xi'an Co Ltd is a regional joint-stock commercial bank with equity-based and market-oriented characteristics, which is invested by the state-owned platform companies, large foreign-funded banks and large domestic enterprises.

Executives

Shi Xiao Yun	senior management
Li Chao	Supervisors
Tan Min	Supervisors
Wang Xin	Director
Di Hao	senior management
He Yong	senior management

Bank of Xi'an Co (SHSE:600928) Headlines

No Headlines