Halyk Bank of Kazakhstan JSC (XKAZ:HSBK) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2024)

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What is Halyk Bank of Kazakhstan JSC 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. Halyk Bank of Kazakhstan JSC's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.11.

Halyk Bank of Kazakhstan JSC's long-term debt to total assets ratio increased from Sep. 2023 (0.10) to Sep. 2024 (0.11). It may suggest that Halyk Bank of Kazakhstan JSC is progressively becoming more dependent on debt to grow their business.

Halyk Bank of Kazakhstan JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Halyk Bank of Kazakhstan JSC'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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Halyk Bank of Kazakhstan JSC LT-Debt-to-Total-Asset Chart

Halyk Bank of Kazakhstan JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

0.10

0.04

0.08

Halyk Bank of Kazakhstan JSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.08	0.04	0.04	0.11

Halyk Bank of Kazakhstan JSC LT-Debt-to-Total-Asset Calculation

Halyk Bank of Kazakhstan JSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1295591	/	15494368
	=	0.08

Halyk Bank of Kazakhstan JSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	1859587	/	17650108
	=	0.11

Halyk Bank of Kazakhstan JSC (XKAZ:HSBK) 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.

Halyk Bank of Kazakhstan JSC LT-Debt-to-Total-Asset Related Terms

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Halyk Bank of Kazakhstan JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Halyk Bank of Kazakhstan JSC (XKAZ:HSBK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HSBKD:Kazakhstan HSBKl:UK HSBK:UK 37QB:UK H4L1:Germany

Address

40 Al-Farabi Avenue, Almaty, KAZ, A26M3K5

Website

https://halykbank.com

Halyk Bank of Kazakhstan JSC is engaged in retail, corporate, and SME banking services. It also provides insurance, cash collection, asset management, brokerage, telecommunication, and leasing services. The Group has four main business segments: Corporate Banking, SME Banking, Retail Banking, and Investment Banking. The majority of revenue derives from the corporate banking segment which includes banking services to corporate clients and financial institutions including current accounts and correspondent accounts, deposits, custody, overdrafts, loans and other credit facilities, documentary operations, including guarantees and letters of credit, trade finance products, as well as cash services and foreign exchange transactions.