Bahrain Telecommunications Co BSC (BAH:BEYON) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Bahrain Telecommunications Co BSC 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. Bahrain Telecommunications Co BSC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

Bahrain Telecommunications Co BSC's long-term debt to total assets ratio declined from Mar. 2023 (0.25) to Mar. 2024 (0.10). It may suggest that Bahrain Telecommunications Co BSC is progressively becoming less dependent on debt to grow their business.

Bahrain Telecommunications Co BSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bahrain Telecommunications Co BSC'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.

* Premium members only.

Bahrain Telecommunications Co BSC LT-Debt-to-Total-Asset Chart

Bahrain Telecommunications Co BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.25

0.26

0.25

Bahrain Telecommunications Co BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.26	0.25	0.25	0.10

Bahrain Telecommunications Co BSC LT-Debt-to-Total-Asset Calculation

Bahrain Telecommunications Co BSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	289.974	/	1165.365
	=	0.25

Bahrain Telecommunications Co BSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	117.718	/	1201.072
	=	0.10

Bahrain Telecommunications Co BSC (BAH:BEYON) 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.

Bahrain Telecommunications Co BSC LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Bahrain Telecommunications Co BSC's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Bahrain Telecommunications Co BSC (BAH:BEYON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Bahrain Telecommunications Co BSC (BAH:BEYON) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 1095, Road 1425, Block 1014, P.O. Box 14, Hamala, BHR

Website

https://www.batelco.com

Bahrain Telecommunications Co BSC is active in the telecom industry. It is mainly engaged in the provision of public telecommunications and associated products and services. The company delivers cutting-edge fixed and wireless telecommunication services to its customers in Jordan, Kuwait, Saudi Arabia, Yemen, Egypt, Guernsey, and other countries. It offers communications services including mobile, broadband, data, and fixed-line services. The group geographically operates across Bahrain, Jordan, Maldives, Sure Group, and others. It derives a majority of its revenue from Bahrain.

Bahrain Telecommunications Co BSC (BAH:BEYON) Headlines

No Headlines