Kazkommertsbank JSC (XKAZ:KKGBP.PFD) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2018)

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What is Kazkommertsbank 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. Kazkommertsbank JSC's long-term debt to total assests ratio for the quarter that ended in Mar. 2018 was 0.18.

Kazkommertsbank JSC's long-term debt to total assets ratio increased from Mar. 2017 (0.14) to Mar. 2018 (0.18). It may suggest that Kazkommertsbank JSC is progressively becoming more dependent on debt to grow their business.

Kazkommertsbank JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kazkommertsbank 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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Kazkommertsbank JSC LT-Debt-to-Total-Asset Chart

Kazkommertsbank JSC Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.15

0.28

0.22

0.19

Kazkommertsbank JSC Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.15	0.19	0.19	0.18

Kazkommertsbank JSC LT-Debt-to-Total-Asset Calculation

Kazkommertsbank JSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	666451	/	3574378
	=	0.19

Kazkommertsbank JSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2018 is calculated as

LT Debt to Total Assets (Q: Mar. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2018 )	/	Total Assets (Q: Mar. 2018 )
	=	602577	/	3423965
	=	0.18

Kazkommertsbank JSC (XKAZ:KKGBp.PFD) 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.

Kazkommertsbank JSC LT-Debt-to-Total-Asset Related Terms

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Kazkommertsbank JSC Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kazkommertsbank JSC (XKAZ:KKGBp.PFD) » Definitions » LT-Debt-to-Total-Asset

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Address

Website

http://www.kkb.kz

Kazkommertsbank JSC is a Joint Stock company and has operations in the Republic of Kazakhstan. The company provides banking and other financial services to corporate and retail clients across the region. The bank's primary business consists of commercial banking activities, operations with securities, foreign currency and derivative instruments, originating loans and guarantees. The bank has four business segments, Retail banking, Corporate banking, Investment banking and Other representing insurance operations and other activities.

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