First Security Islami Bank (DHA:FIRSTSBANK) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2022)

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What is First Security Islami 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. First Security Islami Bank's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.03.

First Security Islami Bank's long-term debt to total assets ratio declined from Sep. 2021 (0.03) to Sep. 2022 (0.03). It may suggest that First Security Islami Bank is progressively becoming less dependent on debt to grow their business.

First Security Islami Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for First Security Islami 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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First Security Islami Bank LT-Debt-to-Total-Asset Chart

First Security Islami Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

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0.02

0.03

0.04

First Security Islami Bank Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.04	0.03	0.03	0.03

First Security Islami Bank LT-Debt-to-Total-Asset Calculation

First Security Islami Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	19323.292	/	544795.189
	=	0.04

First Security Islami Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )	/	Total Assets (Q: Sep. 2022 )
	=	16510.253	/	580986.406
	=	0.03

First Security Islami Bank (DHA:FIRSTSBANK) 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.

First Security Islami Bank LT-Debt-to-Total-Asset Related Terms

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First Security Islami Bank (DHA:FIRSTSBANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Security Islami Bank PLC (DHA:FIRSTSBANK) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Rangs RD Center, Block: SE (F), Plot:03, Gulshan Avenue, Gulshan - 1, Dhaka, BGD, 1212

Website

https://www.fsiblbd.com

First Security Islami Bank Ltd is a commercial bank. The bank's activities include accepting deposits, making loans, discounting bills, conducting money transfers and foreign exchange transactions, and performing other services. The company mainly focuses on deposit mobilization and investing activities comprising of short-term, long-term, import, and export financing. The company invests in rural and agriculture, garments, jute, cement and bricks, tannery, steel and engineering, food and beverage, chemical and pharmaceuticals, printing and packaging, glass, and ceramics.

First Security Islami Bank (DHA:FIRSTSBANK) Headlines

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