Mutual Trust Bank (DHA:MTB) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is Mutual Trust 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. Mutual Trust Bank's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Mutual Trust Bank's long-term debt to total assets ratio declined from Mar. 2023 (0.16) to Mar. 2024 (0.13). It may suggest that Mutual Trust Bank is progressively becoming less dependent on debt to grow their business.

Mutual Trust Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mutual Trust 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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Mutual Trust Bank LT-Debt-to-Total-Asset Chart

Mutual Trust Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.09

0.10

0.07

Mutual Trust Bank 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															0.16	0.14	0.14	0.07	0.13

Mutual Trust Bank LT-Debt-to-Total-Asset Calculation

Mutual Trust Bank'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 )
	=	25823.387	/	369327.167
	=	0.07

Mutual Trust Bank'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 )
	=	48826.67	/	391814.288
	=	0.12

Mutual Trust Bank (DHA:MTB) 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.

Mutual Trust Bank LT-Debt-to-Total-Asset Related Terms

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Mutual Trust Bank (DHA:MTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mutual Trust Bank PLC (DHA:MTB) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

MTB Centre, 26 Gulshan Avenue, Plot 5, Block SE(D), Gulshan 1, Dhaka, BGD, 1212

Website

https://www.mutualtrustbank.com

Mutual Trust Bank PLC is a company that engages in the provision of various commercial banking and related services. Its products and services include savings and current accounts, and fixed deposits; personal, auto, home, home equity, and professional's loan products; overdraft facilities; credit cards; and locker services. The company's operating segment includes the Main operation, Off-shore Banking Unit, MTB Securities Ltd., MTB Capital Ltd., and MTB Exchange (UK) Ltd. It generates maximum revenue from the Main operation segment.