OTP Banka Slovensko AS (XBRA:1OTP005E) LT-Debt-to-Total-Asset : 0.04 (As of Jun. 2021)

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What is OTP Banka Slovensko AS 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. OTP Banka Slovensko AS's long-term debt to total assests ratio for the quarter that ended in Jun. 2021 was 0.04.

OTP Banka Slovensko AS's long-term debt to total assets ratio declined from Jun. 2020 (0.07) to Jun. 2021 (0.04). It may suggest that OTP Banka Slovensko AS is progressively becoming less dependent on debt to grow their business.

OTP Banka Slovensko AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for OTP Banka Slovensko AS'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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OTP Banka Slovensko AS LT-Debt-to-Total-Asset Chart

OTP Banka Slovensko AS Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.10

0.14

0.09

0.06

0.04

OTP Banka Slovensko AS Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.06	0.04	0.04	0.04

OTP Banka Slovensko AS LT-Debt-to-Total-Asset Calculation

OTP Banka Slovensko AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	51.658	/	1422.321
	=	0.04

OTP Banka Slovensko AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

LT Debt to Total Assets (Q: Jun. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2021 )	/	Total Assets (Q: Jun. 2021 )
	=	49.212	/	1324.372
	=	0.04

OTP Banka Slovensko AS (XBRA:1OTP005E) 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.

OTP Banka Slovensko AS LT-Debt-to-Total-Asset Related Terms

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OTP Banka Slovensko AS (XBRA:1OTP005E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OTP Banka Slovensko AS (XBRA:1OTP005E) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Sturova 5, Bratislava, SVK, 81354

Website

http://www.otpbank.sk

OTP Banka Slovensko AS provides banking products and services in the Slovak market. The company serves the individual, small business and companies. It services include deposits, payment cards, electronic banking, housing and consumer loans, mutual funds, and others.

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