Everest Bank (XNEP:EBL) LT-Debt-to-Total-Asset : 0.02 (As of Oct. 2024)

View and export this data going back to . Start your Free Trial

What is Everest Bank 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. Everest Bank's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.02.

Everest Bank's long-term debt to total assets ratio declined from Oct. 2023 (0.02) to Oct. 2024 (0.02). It may suggest that Everest Bank is progressively becoming less dependent on debt to grow their business.

Everest Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Everest Bank'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.

* Premium members only.

Everest Bank LT-Debt-to-Total-Asset Chart

Everest Bank Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.02

0.03

0.02

Everest Bank Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.03	0.02	0.02

Everest Bank LT-Debt-to-Total-Asset Calculation

Everest Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	6961.263	/	295743.7
	=	0.02

Everest Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	4300.913	/	289041.148
	=	0.01

Everest Bank (XNEP:EBL) 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.

Everest Bank LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Everest Bank's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Everest Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Everest Bank Ltd (XNEP:EBL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EBLCP.PFD:Nepal

Address

EBL House, Lazimpat, P.O.Box 13384, Kathmandu, NPL, 44600

Website

https://www.everestbankltd.com

Everest Bank Ltd provides commercial banking services. It is partnered with the Punjab National Bank of India. The bank provides services through the Any Branch Banking System. Its services are deposits, loans, remittances, debit cards, M-banking, and Retail and corporate Internet banking. The bank's services also comprise the current account, savings account, fixed deposit account, recurring deposit account, retirement plan account, call accounts, retail and corporate loans, inward and outward remittances, and others.

Everest Bank Headlines

No Headlines