Prime Commercial Bank (XNEP:PCBL) LT-Debt-to-Total-Asset : 0.04 (As of Oct. 2024)

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What is Prime Commercial 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. Prime Commercial Bank's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.04.

Prime Commercial Bank's long-term debt to total assets ratio declined from Oct. 2023 (0.05) to Oct. 2024 (0.04). It may suggest that Prime Commercial Bank is progressively becoming less dependent on debt to grow their business.

Prime Commercial Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Prime Commercial 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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Prime Commercial Bank LT-Debt-to-Total-Asset Chart

Prime Commercial Bank Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

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0.01

0.05

0.06

0.07

Prime Commercial 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															0.05	0.05	0.05	0.07	0.04

Prime Commercial Bank LT-Debt-to-Total-Asset Calculation

Prime Commercial 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 )
	=	18559.338	/	267002.385
	=	0.07

Prime Commercial 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 )
	=	11849.435	/	276301.921
	=	0.04

Prime Commercial Bank (XNEP:PCBL) 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.

Prime Commercial Bank LT-Debt-to-Total-Asset Related Terms

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Prime Commercial Bank Business Description

Industry

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

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Address

Kamalpokhari, Kathmandu, NPL

Website

https://www.primebank.com.np

Prime Commercial Bank Ltd is a commercial bank in Nepal. The company's operating segment includes Banking Operation; Treasury; Card and Others. It generates maximum revenue from the Banking Operation segment. The company is engaged in providing personal banking, business banking, retail banking and other services including SMS banking, E-Banking services, and other remittance services.

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