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?

Elektrokrajina AD XBLB:EKBL-R-A LT-Debt-to-Total-Asset is 0.07 as of Dec. 2023.

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  (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

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

* Premium members only.

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.

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

Elektrokrajina AD Annual Data
Trend 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 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

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.07 mean?
Elektrokrajina AD (XBLB:EKBL-R-A) has a LT-Debt-to-Total-Asset of 0.07 as of Dec. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Elektrokrajina AD and its competitors.
Is Elektrokrajina AD's LT-Debt-to-Total-Asset too high?
Elektrokrajina AD's current LT-Debt-to-Total-Asset is 0.07.
How does Elektrokrajina AD's LT-Debt-to-Total-Asset compare to NEE and SO?
Elektrokrajina AD's LT-Debt-to-Total-Asset of 0.07 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Utilities - Regulated company?
A good LT-Debt-to-Total-Asset depends on the Utilities - Regulated industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Elektrokrajina AD and its competitors. Elektrokrajina AD's current LT-Debt-to-Total-Asset is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektrokrajina AD stock overvalued right now?
Elektrokrajina AD (XBLB:EKBL-R-A) has a current LT-Debt-to-Total-Asset of 0.07. The current LT-Debt-to-Total-Asset is 0.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Elektrokrajina AD (XBLB:EKBL-R-A), the current LT-Debt-to-Total-Asset is 0.07 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Elektrokrajina AD Business Description

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