NLB Banka a.d. Skopje (XMAE:TNB) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is NLB Banka a.d. Skopje 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. NLB Banka a.d. Skopje's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

NLB Banka a.d. Skopje's long-term debt to total assets ratio declined from Dec. 2023 (0.04) to Dec. 2024 (0.03). It may suggest that NLB Banka a.d. Skopje is progressively becoming less dependent on debt to grow their business.

NLB Banka a.d. Skopje LT-Debt-to-Total-Asset Historical Data

The historical data trend for NLB Banka a.d. Skopje'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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NLB Banka a.d. Skopje LT-Debt-to-Total-Asset Chart

NLB Banka a.d. Skopje Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.04

0.03

NLB Banka a.d. Skopje Quarterly Data
	Jun19	Sep19	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.03

NLB Banka a.d. Skopje LT-Debt-to-Total-Asset Calculation

NLB Banka a.d. Skopje's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	3802.692	/	131239.67
	=	0.03

NLB Banka a.d. Skopje's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	3802.692	/	131239.67
	=	0.03

NLB Banka a.d. Skopje (XMAE:TNB) 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.

NLB Banka a.d. Skopje LT-Debt-to-Total-Asset Related Terms

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NLB Banka a.d. Skopje Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NLB Banka a.d. Skopje (XMAE:TNB) » Definitions » LT-Debt-to-Total-Asset

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N/A

Address

Majka Tereza No.1, Skopje, MKD, 1000

Website

https://www.nlb.mk

NLB Banka a.d. Skopje is a bank in the Republic of Macedonia. It provides general banking services like accepting deposits, granting loans and advances, foreign exchange, asset management, retail banking services, brokerage services, custody services, and many others. The bank operates in the Republic of Macedonia, EU countries, Non-EU countries in Europe, and other countries.

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