Chhimek Laghubitta Bikas Bank (XNEP:CBBL) LT-Debt-to-Total-Asset : 0.09 (As of Apr. 2024)

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What is Chhimek Laghubitta Bikas 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. Chhimek Laghubitta Bikas Bank's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.09.

Chhimek Laghubitta Bikas Bank's long-term debt to total assets ratio declined from Apr. 2023 (0.12) to Apr. 2024 (0.09). It may suggest that Chhimek Laghubitta Bikas Bank is progressively becoming less dependent on debt to grow their business.

Chhimek Laghubitta Bikas Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chhimek Laghubitta Bikas 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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Chhimek Laghubitta Bikas Bank LT-Debt-to-Total-Asset Chart

Chhimek Laghubitta Bikas Bank Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

LT-Debt-to-Total-Asset

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0.19

0.15

0.18

0.13

0.11

Chhimek Laghubitta Bikas Bank Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.11	0.09	0.08	0.09

Chhimek Laghubitta Bikas Bank LT-Debt-to-Total-Asset Calculation

Chhimek Laghubitta Bikas Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	4553.899	/	42732.042
	=	0.11

Chhimek Laghubitta Bikas Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	3785.114	/	44762.426
	=	0.08

Chhimek Laghubitta Bikas Bank (XNEP:CBBL) 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.

Chhimek Laghubitta Bikas Bank LT-Debt-to-Total-Asset Related Terms

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Chhimek Laghubitta Bikas Bank (XNEP:CBBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chhimek Laghubitta Bikas Bank Ltd (XNEP:CBBL) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Mid-Baneshwor, Kathmandu Metropolitan city-31, NPL

Website

https://www.chhimekbank.org

Chhimek Laghubitta Bikas Bank Ltd provides banking services. Its services include loans, savings, security services, and others. Its operating segments are Koshi Province, Bagmati Province, Gandaki Province, Lumbini Province, Karnali Province, Madhesh Province, and Sudurpaschim Province. The majority of the revenue comes from the Madhesh Province.

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