National Life Insurance Co. (XNEP:NLICL) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2024)

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What is National 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. National Life Insurance Co.'s long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.00.

National Life Insurance Co.'s long-term debt to total assets ratio declined from Jul. 2023 (0.00) to Oct. 2024 (0.00). It may suggest that National Life Insurance Co. is progressively becoming less dependent on debt to grow their business.

National Life Insurance Co. LT-Debt-to-Total-Asset Historical Data

The historical data trend for National 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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National Life Insurance Co. LT-Debt-to-Total-Asset Chart

National Life Insurance Co. Annual Data

Trend

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LT-Debt-to-Total-Asset

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National Life Insurance Co. Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

National Life Insurance Co. LT-Debt-to-Total-Asset Calculation

National Life Insurance Co.'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 )
	=	176.992	/	74891.097
	=	0.00

National Life Insurance Co.'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 )
	=	0	/	92267.774
	=	0.00

National Life Insurance Co. (XNEP:NLICL) 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.

National Life Insurance Co. LT-Debt-to-Total-Asset Related Terms

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National Life Insurance Co. Business Description

Industry

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

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Traded in Other Exchanges

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Address

Lazimpat, P.O. Box: 4332, Kathmandu, NPL, 1215

Website

https://www.nationallife.com.np

National Life Insurance Co. Ltd is engaged in the life insurance business offering individual and group plans, mainly conventional savings and protection and pure protection business. The operating segments of the company include Endowment, Anticipated Endowment, Endowment Cum Whole Life, Foreign Employment Term, and Special Term. The products offered by the company are children's plans, money-back plans, retirement plans, whole-life plans, retirement plans, term assurance plans, and others.

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