Asian Life Insurance Co (XNEP:ALICL) LT-Debt-to-Total-Asset : 0.02 (As of Jan. 2024)

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What is Asian Life Insurance Co 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. Asian Life Insurance Co's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.02.

Asian Life Insurance Co's long-term debt to total assets ratio increased from Oct. 2022 (0.00) to Jan. 2024 (0.02). It may suggest that Asian Life Insurance Co is progressively becoming more dependent on debt to grow their business.

Asian Life Insurance Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asian Life Insurance Co'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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Asian Life Insurance Co LT-Debt-to-Total-Asset Chart

Asian Life Insurance Co Annual Data

Trend

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LT-Debt-to-Total-Asset

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Asian Life Insurance Co Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	0.02

Asian Life Insurance Co LT-Debt-to-Total-Asset Calculation

Asian Life Insurance Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2022 is calculated as

LT Debt to Total Assets (A: Jul. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2022 )	/	Total Assets (A: Jul. 2022 )
	=	0	/	37032.95
	=	0.00

Asian Life Insurance Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	728.443	/	46553.898
	=	0.02

Asian Life Insurance Co (XNEP:ALICL) 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.

Asian Life Insurance Co LT-Debt-to-Total-Asset Related Terms

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Asian Life Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Asian Life Insurance Co Ltd (XNEP:ALICL) » Definitions » LT-Debt-to-Total-Asset

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Address

Ma.Na.Pa Ward No. 30, Maitidevi, Kathmandu, NPL, 44600

Website

https://www.asianlife.com.np

Asian Life Insurance Co Ltd is engaged in providing insurance products and services in Nepal. The compnay's business segments include Endowment; Endowment Cum Whole Life; Foreign Employment Term; Special Term; Anticipated Endowment; Whole Life; Other Term and others.

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