Amen Bank (XTUN:AB) LT-Debt-to-Total-Asset: 0.07 (As of Jun. 2023)


XTUN:AB Amen Bank SA XTUN:AB
26 GF Score
Price TND67.00
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What is Amen Bank LT-Debt-to-Total-Asset?

Amen Bank XTUN:AB 26 LT-Debt-to-Total-Asset is 0.07 as of Jun. 2023. GuruFocus rates XTUN:AB with a GF Score™ of 26/100.

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. Amen Bank's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.07.

Amen Bank's long-term debt to total assets ratio declined from Jun. 2022 (0.08) to Jun. 2023 (0.07). It may suggest that Amen Bank is progressively becoming less dependent on debt to grow their business.

Amen Bank  (XTUN:AB) 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.

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

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

* Premium members only.

The historical data trend for Amen 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.

Amen Bank LT-Debt-to-Total-Asset Chart

Amen Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.11 0.13 0.12 0.09

Amen Bank Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.12 0.08 0.09 0.07
XTUN:AB
26GF Score
Amen Bank SA XTUN:AB
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Amen Bank LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=914.816/10243.059
=0.09

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

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=766.842/10994.813
=0.07

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.07 mean?
Amen Bank (XTUN:AB) has a LT-Debt-to-Total-Asset of 0.07 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Amen Bank and its competitors.
Is Amen Bank's LT-Debt-to-Total-Asset too high?
Amen Bank's current LT-Debt-to-Total-Asset is 0.07. Overall, Amen Bank has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Amen Bank's LT-Debt-to-Total-Asset compare to USB and PNC?
Amen Bank's LT-Debt-to-Total-Asset of 0.07 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Banks company?
A good LT-Debt-to-Total-Asset depends on the Banks industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Amen Bank and its competitors. Amen Bank's current LT-Debt-to-Total-Asset is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amen Bank stock overvalued right now?
Amen Bank (XTUN:AB) has a current LT-Debt-to-Total-Asset of 0.07. The current LT-Debt-to-Total-Asset is 0.07. Amen Bank's overall GF Score™ is 26/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Amen Bank (XTUN:AB), the current LT-Debt-to-Total-Asset is 0.07 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Amen Bank Business Description

Address Avenue Mohamed V, Tunis, TUN, 1002
Amen Bank SA provides banking services. It provides consulting and wealth management-related assistance, financial management, fund management, and advisory services to individuals and businesses.
26GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

TND67.00
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