Global Knafaim Leasing (XTAE:GKL) LT-Debt-to-Total-Asset : 0.46 (As of Dec. 2024)

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What is Global Knafaim Leasing 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. Global Knafaim Leasing's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.46.

Global Knafaim Leasing's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Dec. 2024 (0.46). It may suggest that Global Knafaim Leasing is progressively becoming more dependent on debt to grow their business.

Global Knafaim Leasing LT-Debt-to-Total-Asset Historical Data

The historical data trend for Global Knafaim Leasing'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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Global Knafaim Leasing LT-Debt-to-Total-Asset Chart

Global Knafaim Leasing Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.35

0.59

0.58

0.44

0.46

Global Knafaim Leasing Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.44	0.48	0.47	0.46

Global Knafaim Leasing LT-Debt-to-Total-Asset Calculation

Global Knafaim Leasing's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	206.768	/	452.51
	=	0.46

Global Knafaim Leasing's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	206.768	/	452.51
	=	0.46

Global Knafaim Leasing (XTAE:GKL) 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.

Global Knafaim Leasing LT-Debt-to-Total-Asset Related Terms

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Global Knafaim Leasing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Global Knafaim Leasing Ltd (XTAE:GKL) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

12 Aba Hillel Road, Ayalon House, Ramat Gan, ISR, 5250606

Website

https://www.knafaim.co.il

Global Knafaim Leasing Ltd is engaged in purchase, leasing and sales of passenger and cargo aircraft.

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