CB Central Cooperative Bank AD (XBUL:CCB) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2022)

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What is CB Central Cooperative Bank 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. CB Central Cooperative Bank AD's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.01.

CB Central Cooperative Bank AD's long-term debt to total assets ratio declined from Dec. 2021 (0.01) to Dec. 2022 (0.01). It may suggest that CB Central Cooperative Bank AD is progressively becoming less dependent on debt to grow their business.

CB Central Cooperative Bank AD LT-Debt-to-Total-Asset Historical Data

The historical data trend for CB Central Cooperative Bank 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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CB Central Cooperative Bank AD LT-Debt-to-Total-Asset Chart

CB Central Cooperative Bank AD Annual Data

Trend

Dec13

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Dec15

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Dec17

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Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.01

CB Central Cooperative Bank AD Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	-	0.01	0.01

CB Central Cooperative Bank AD LT-Debt-to-Total-Asset Calculation

CB Central Cooperative Bank AD'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 )
	=	70.218	/	7794.503
	=	0.01

CB Central Cooperative Bank AD'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 )
	=	70.218	/	7794.503
	=	0.01

CB Central Cooperative Bank AD (XBUL:CCB) 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.

CB Central Cooperative Bank AD LT-Debt-to-Total-Asset Related Terms

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CB Central Cooperative Bank AD (XBUL:CCB) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CB Central Cooperative Bank AD (XBUL:CCB) » Definitions » LT-Debt-to-Total-Asset

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Address

87 Tsarigradsko Shose Boulevard, Sofia, BGR, 1086

Website

https://www.ccbank.bg

CB Central Cooperative Bank AD is a universal commercial bank. Together with the remaining companies, the Bank comprises several products and services in the field of financial intermediation, with an emphasis on SME lending and retail banking. As a universal commercial bank, the company offers an array of financial products and services. The bank is a primary dealer of government securities on the Bulgarian domestic market.