Himalayan Bank (XNEP:HBL) LT-Debt-to-Total-Asset : 0.03 (As of Apr. 2024)

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What is Himalayan 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. Himalayan Bank's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.03.

Himalayan Bank's long-term debt to total assets ratio increased from Apr. 2023 (0.03) to Apr. 2024 (0.03). It may suggest that Himalayan Bank is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Himalayan 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.

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

Himalayan Bank Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

LT-Debt-to-Total-Asset

0.01

0.02

0.04

Himalayan Bank Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.04	0.03	0.03	0.03

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

Himalayan Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	14762.535	/	339126.224
	=	0.04

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

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	10318.315	/	369769.059
	=	0.03

Himalayan Bank (XNEP:HBL) 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.

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

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Himalayan Bank (XNEP:HBL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kamaladi, P.O. Box: 20590, Kathmandu, NPL

Website

https://www.himalayanbank.com

Himalayan Bank Ltd is a Nepal based company involved in the banking business. It is primarily engaged in providing financial services that include accepting deposits, corporate and retail lending, project financing, trade financing and fund transfer, among others. It also offers remittance services, card services and other ancillary services like safe deposit locker services as well as a wide range of electronic banking facilities. The products and services are offered to personal and business customers in Nepal.

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