Laxmi Laghubitta Bittiyanstha (XNEP:LLBS) LT-Debt-to-Total-Asset : 0.54 (As of Apr. 2024)

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What is Laxmi Laghubitta Bittiyanstha 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. Laxmi Laghubitta Bittiyanstha's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.54.

Laxmi Laghubitta Bittiyanstha's long-term debt to total assets ratio increased from Apr. 2023 (0.48) to Apr. 2024 (0.54). It may suggest that Laxmi Laghubitta Bittiyanstha is progressively becoming more dependent on debt to grow their business.

Laxmi Laghubitta Bittiyanstha LT-Debt-to-Total-Asset Historical Data

The historical data trend for Laxmi Laghubitta Bittiyanstha'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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Laxmi Laghubitta Bittiyanstha LT-Debt-to-Total-Asset Chart

Laxmi Laghubitta Bittiyanstha Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

LT-Debt-to-Total-Asset

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0.50

0.54

0.56

0.49

Laxmi Laghubitta Bittiyanstha 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															0.48	0.49	0.56	0.57	0.54

Laxmi Laghubitta Bittiyanstha LT-Debt-to-Total-Asset Calculation

Laxmi Laghubitta Bittiyanstha'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 )
	=	3037.946	/	6174.532
	=	0.49

Laxmi Laghubitta Bittiyanstha'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 )
	=	3770.024	/	6955.949
	=	0.54

Laxmi Laghubitta Bittiyanstha (XNEP:LLBS) 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.

Laxmi Laghubitta Bittiyanstha LT-Debt-to-Total-Asset Related Terms

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Laxmi Laghubitta Bittiyanstha Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Laxmi Laghubitta Bittiya Sanstha Ltd (XNEP:LLBS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

209 Milijuli Marg, Narayan Gopal Chok Maharajgunj, Kathmandu, NPL

Website

http://www.llbs.com.np

Laxmi Laghubitta Bittiya Sanstha Ltd is a microfinance company. The company offers products and services including saving services, remittance service, loan products, and microinsurance service.

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