Elektrokrajina AD (XBLB:EKBL-R-A) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)

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What is Elektrokrajina AD 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. Elektrokrajina AD's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

Elektrokrajina AD's long-term debt to total assets ratio increased from Dec. 2021 (0.07) to Dec. 2023 (0.07). It may suggest that Elektrokrajina AD is progressively becoming more dependent on debt to grow their business.

Elektrokrajina AD LT-Debt-to-Total-Asset Historical Data

The historical data trend for Elektrokrajina AD'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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Elektrokrajina AD LT-Debt-to-Total-Asset Chart

Elektrokrajina AD Annual Data

Trend

Dec17

Dec18

Dec19

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.12

0.07

Elektrokrajina AD Semi-Annual Data
	Dec17	Dec18	Dec19	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.07	0.12	0.07	0.07	0.07

Elektrokrajina AD LT-Debt-to-Total-Asset Calculation

Elektrokrajina AD'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 )
	=	35.36	/	510.075
	=	0.07

Elektrokrajina AD's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	35.36	/	510.075
	=	0.07

Elektrokrajina AD (XBLB:EKBL-R-A) 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.

Elektrokrajina AD LT-Debt-to-Total-Asset Related Terms

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Elektrokrajina AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Elektrokrajina AD (XBLB:EKBL-R-A) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

95 Kralja Petra I Karayoryeviya Street, Banja Luka, BIH, 78000

Website

https://www.elektrokrajina.com

Elektrokrajina AD is an electricity distribution company operating in Bosnia and Herzegovina. The activities of the company include distribution and supply of electricity and designing power facilities as well as building and maintaining them.

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