Banque Nationale de Belgique (XBRU:BNB) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2022)

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What is Banque Nationale de Belgique 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. Banque Nationale de Belgique's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.16.

Banque Nationale de Belgique's long-term debt to total assets ratio declined from Dec. 2020 (0.16) to Dec. 2022 (0.16). It may suggest that Banque Nationale de Belgique is progressively becoming less dependent on debt to grow their business.

Banque Nationale de Belgique LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banque Nationale de Belgique'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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Banque Nationale de Belgique LT-Debt-to-Total-Asset Chart

Banque Nationale de Belgique Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.21

0.24

0.16

0.14

0.16

Banque Nationale de Belgique Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.21	0.24	0.16	0.14	0.16

Banque Nationale de Belgique LT-Debt-to-Total-Asset Calculation

Banque Nationale de Belgique's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	52694.546	/	338981.99
	=	0.16

Banque Nationale de Belgique's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	52694.546	/	338981.99
	=	0.16

Banque Nationale de Belgique (XBRU:BNB) 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.

Banque Nationale de Belgique LT-Debt-to-Total-Asset Related Terms

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Banque Nationale de Belgique (XBRU:BNB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banque Nationale de Belgique SA (XBRU:BNB) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BKB:Germany

Address

Boulevard de Berlaimont 14, Brussels, BEL, 1000

Website

http://www.bnb.be

Banque Nationale de Belgique SA, or the National Bank of Belgium, is the country's central bank. The bank does not operate like other banks whose chief objective is profit maximization for its shareholders. Its primary aim is to maintain price stability as well as supervision of the Belgian financial sector and other related tasks in the national interest. The most notable portion of assets on the balance sheet include securities held for monetary policy purposes. Other notable assets include other securities and net claims related to the allocation of euro banknotes within the Eurosystem. Net interest income is the overwhelming majority of net revenue.