NLB Banka ad (XBLB:VBBB-R-A) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)

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What is NLB Banka 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. NLB Banka ad's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.08.

NLB Banka ad's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (0.08). It may suggest that NLB Banka ad is progressively becoming more dependent on debt to grow their business.

NLB Banka ad LT-Debt-to-Total-Asset Historical Data

The historical data trend for NLB Banka 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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NLB Banka ad LT-Debt-to-Total-Asset Chart

NLB Banka ad Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.08

NLB Banka ad Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.07	0.08	0.08

NLB Banka ad LT-Debt-to-Total-Asset Calculation

NLB Banka 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 )
	=	158.03	/	2039.576
	=	0.08

NLB Banka 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 )
	=	158.03	/	2039.576
	=	0.08

NLB Banka ad (XBLB:VBBB-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.

NLB Banka ad LT-Debt-to-Total-Asset Related Terms

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NLB Banka ad (XBLB:VBBB-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NLB Banka ad (XBLB:VBBB-R-A) » Definitions » LT-Debt-to-Total-Asset

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Address

Milan Tepic 4, Banja Luka, BIH, 78000

Website

http://www.nlbrazvojnabanka.com

NLB Banka ad is a banking service provider that operates in Bosnia and Herzegovina. The company is engaged in offering services like retail banking which include retail banking business with private individuals, corporate banking, and financial markets.

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