Bulmetal AD (XBUL:BMTL) LT-Debt-to-Total-Asset : 0.10 (As of Jun. 2024)

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What is Bulmetal 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. Bulmetal AD's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.10.

Bulmetal AD's long-term debt to total assets ratio increased from . 20 (0.00) to Jun. 2024 (0.10). It may suggest that Bulmetal AD is progressively becoming more dependent on debt to grow their business.

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

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

Bulmetal AD Annual Data

Trend

LT-Debt-to-Total-Asset

Bulmetal AD Semi-Annual Data
	Jun23	Jun24
LT-Debt-to-Total-Asset	-	0.10

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

Bulmetal AD's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

Bulmetal AD's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	13.742	/	142.298
	=	0.10

Bulmetal AD (XBUL:BMTL) 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.

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

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Bulmetal AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bulmetal AD (XBUL:BMTL) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Prohoda St. , Stara Zagora region, Gurkovo municipality, Gurkovo, BGR

Website

https://www.bulmetal.com

Bulmetal AD is a company engaged in producing of light metal packaging in various types of industrial branches. The company's businesses are production and trade of light metal packaging for the food industry, the chemical industry, the construction industry. The company is a supplier of metal packaging to a number of large manufacturers in Europe, in various industrial fields.

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