Industrial Holding Bulgaria AD (XBUL:IHB) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2023)

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What is Industrial Holding Bulgaria 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. Industrial Holding Bulgaria AD's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.04.

Industrial Holding Bulgaria AD's long-term debt to total assets ratio increased from Sep. 2022 (0.02) to Sep. 2023 (0.04). It may suggest that Industrial Holding Bulgaria AD is progressively becoming more dependent on debt to grow their business.

Industrial Holding Bulgaria AD LT-Debt-to-Total-Asset Historical Data

The historical data trend for Industrial Holding Bulgaria 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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Industrial Holding Bulgaria AD LT-Debt-to-Total-Asset Chart

Industrial Holding Bulgaria AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.12

0.09

0.06

0.02

Industrial Holding Bulgaria AD Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.03	0.03	0.04

Industrial Holding Bulgaria AD LT-Debt-to-Total-Asset Calculation

Industrial Holding Bulgaria 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 )
	=	6.166	/	421.695
	=	0.01

Industrial Holding Bulgaria AD's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	16.861	/	438.478
	=	0.04

Industrial Holding Bulgaria AD (XBUL:IHB) 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.

Industrial Holding Bulgaria AD LT-Debt-to-Total-Asset Related Terms

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Industrial Holding Bulgaria AD (XBUL:IHB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Industrial Holding Bulgaria AD (XBUL:IHB) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

42 Damyan Gruev Street, Sofia, BGR, 1142

Website

https://www.bulgariaholding.com

Industrial Holding Bulgaria AD is engaged in acquisition, management, assessment and sale of shares in Bulgarian and foreign companies, acquisition, assessment and sale of patents, cession of licenses to use patents to companies in which the company holds shares, financing of companies in which the company holds shares, as well as any other activity not prohibited by law.

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