Sberbank of Russia PJSC (MIC:SBER) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2023)

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What is Sberbank of Russia PJSC 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. Sberbank of Russia PJSC's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.02.

Sberbank of Russia PJSC's long-term debt to total assets ratio declined from Sep. 2021 (0.04) to Jun. 2023 (0.02). It may suggest that Sberbank of Russia PJSC is progressively becoming less dependent on debt to grow their business.

Sberbank of Russia PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sberbank of Russia PJSC'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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Sberbank of Russia PJSC LT-Debt-to-Total-Asset Chart

Sberbank of Russia PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.05

0.04

0.03

Sberbank of Russia PJSC Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Dec22	Mar23	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.03	0.02	0.02

Sberbank of Russia PJSC LT-Debt-to-Total-Asset Calculation

Sberbank of Russia PJSC'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 )
	=	1221900	/	41871800
	=	0.03

Sberbank of Russia PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	1003038.462	/	44512025.238
	=	0.02

Sberbank of Russia PJSC (MIC:SBER) 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.

Sberbank of Russia PJSC LT-Debt-to-Total-Asset Related Terms

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Sberbank of Russia PJSC (MIC:SBER) Business Description

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SBERP:Russia

Address

19 Vavilova Street, Moscow, RUS, 117997

Website

http://www.sberbank.ru

Sberbank of Russia PJSC is a full-service bank operating primarily in Russia, but with significant exposure to Central and Eastern European countries. The bank has grown into a universal bank through acquisitions since its historical savings bank origins. Sberbank's principal shareholder is the Central Bank of the Russian Federation, which owns just over half of the bank's outstanding shares. The bank's activities are organized by three main priorities: corporate banking, retail banking, and investment banking. Corporate loans constitute the bulk of the bank's earning assets, mostly to corporations with the largest market capitalizations. The bank's development strategy emphasizes customer service, cost management, and technological modernization.

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