SUNrise Bank (XNEP:SRBL) LT-Debt-to-Total-Asset : 0.04 (As of Apr. 2023)

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What is SUNrise 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. SUNrise Bank's long-term debt to total assests ratio for the quarter that ended in Apr. 2023 was 0.04.

SUNrise Bank's long-term debt to total assets ratio increased from Apr. 2022 (0.03) to Apr. 2023 (0.04). It may suggest that SUNrise Bank is progressively becoming more dependent on debt to grow their business.

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

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

SUNrise Bank Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

LT-Debt-to-Total-Asset

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0.02

0.05

0.06

0.05

SUNrise Bank Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.05	0.05	0.05	0.04

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

SUNrise Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2022 is calculated as

LT Debt to Total Assets (A: Jul. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2022 )	/	Total Assets (A: Jul. 2022 )
	=	7815.517	/	170384.8
	=	0.05

SUNrise Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (Q: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2023 )	/	Total Assets (Q: Apr. 2023 )
	=	6428.706	/	163113.714
	=	0.04

SUNrise Bank (XNEP:SRBL) 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.

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

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SUNrise Bank (XNEP:SRBL) Business Description

Industry

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

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Address

Sunrise Plaza, Gairidhara, Metropolitian City-2, Kathmandu, NPL

Website

https://www.sunrisebank.com.np

SUNrise Bank Ltd operates in the finance and banking sector. It offers personal solutions including saving and fixed deposits and loans; business solutions including loans and advances; and other services. It offers various banking products and services including branchless banking, locker, internet banking, Sunrise smart banking, Sunrise visa debit card, extension counter and automated teller machine (ATM).

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