Tel Aviv Stock Exchange (XTAE:TASE) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is Tel Aviv Stock Exchange 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. Tel Aviv Stock Exchange's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Tel Aviv Stock Exchange's long-term debt to total assets ratio declined from Dec. 2023 (0.04) to Dec. 2024 (0.03). It may suggest that Tel Aviv Stock Exchange is progressively becoming less dependent on debt to grow their business.

Tel Aviv Stock Exchange LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tel Aviv Stock Exchange'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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Tel Aviv Stock Exchange LT-Debt-to-Total-Asset Chart

Tel Aviv Stock Exchange Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.04

0.03

Tel Aviv Stock Exchange Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.03

Tel Aviv Stock Exchange LT-Debt-to-Total-Asset Calculation

Tel Aviv Stock Exchange'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 )
	=	59.663	/	1825.372
	=	0.03

Tel Aviv Stock Exchange'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 )
	=	59.663	/	1825.372
	=	0.03

Tel Aviv Stock Exchange (XTAE:TASE) 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.

Tel Aviv Stock Exchange LT-Debt-to-Total-Asset Related Terms

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Tel Aviv Stock Exchange Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tel Aviv Stock Exchange Ltd (XTAE:TASE) » Definitions » LT-Debt-to-Total-Asset

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Address

2 Ahuzat Bayit Street, Tel Aviv, ISR, 6525216

Website

https://www.tase.co.il

Tel Aviv Stock Exchange Ltd is engaged in managing a securities stock exchange and in related activities. The company deals in securities, indices, derivative market, securities listing, research, statistics, and others.

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