Texim Bank AD (XBUL:TXIM) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2022)

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What is Texim 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. Texim Bank AD's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.04.

Texim Bank AD's long-term debt to total assets ratio declined from Dec. 2020 (0.05) to Dec. 2022 (0.04). It may suggest that Texim Bank AD is progressively becoming less dependent on debt to grow their business.

Texim Bank AD LT-Debt-to-Total-Asset Historical Data

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

Texim Bank AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.08

0.05

0.04

Texim Bank AD Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.08	-	0.05	0.05	0.04

Texim Bank AD LT-Debt-to-Total-Asset Calculation

Texim 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 )
	=	25.096	/	597.236
	=	0.04

Texim 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 )
	=	25.096	/	597.236
	=	0.04

Texim Bank AD (XBUL:TXIM) 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.

Texim Bank AD LT-Debt-to-Total-Asset Related Terms

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Texim Bank AD (XBUL:TXIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Texim Bank AD (XBUL:TXIM) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Boulevard Kn. Maria-Luisa 107, Sofia, BGR, 1202

Website

http://www.teximbank.bg

Texim Bank AD operates in the banking sector. The company performs general banking functions in Bulgaria.

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