IPDC Finance (DHA:IPDC) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2023)

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What is IPDC Finance 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. IPDC Finance's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.15.

IPDC Finance's long-term debt to total assets ratio declined from Sep. 2022 (0.16) to Sep. 2023 (0.15). It may suggest that IPDC Finance is progressively becoming less dependent on debt to grow their business.

IPDC Finance LT-Debt-to-Total-Asset Historical Data

The historical data trend for IPDC Finance'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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IPDC Finance LT-Debt-to-Total-Asset Chart

IPDC Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.12

0.11

0.14

0.13

0.14

IPDC Finance Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.14	0.17	0.15	0.15

IPDC Finance LT-Debt-to-Total-Asset Calculation

IPDC Finance'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 )
	=	12300.806	/	86732.379
	=	0.14

IPDC Finance's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	12814.452	/	86697.758
	=	0.15

IPDC Finance (DHA:IPDC) 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.

IPDC Finance LT-Debt-to-Total-Asset Related Terms

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IPDC Finance (DHA:IPDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IPDC Finance Ltd (DHA:IPDC) » Definitions » LT-Debt-to-Total-Asset

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Address

106 Gulshan Avenue, Hosna Centre (4th Floor), Dhaka, BGD, 1212

Website

https://www.ipdcbd.com

IPDC Finance Ltd provides various financial products and services in Bangladesh. The company specializes in providing long-term and short-term finance, project finance, lease finance, supply chain finance, home loan, equity financing, syndication finance, retail finance, Small and Medium Enterprises (SME) finance, asset-backed securitization, retailer finance, factoring finance, IPDC Ez and related consultancies.

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