United Overseas Bank (SGX:U11) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)

View and export this data going back to 1970. Start your Free Trial

What is United Overseas 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. United Overseas Bank's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

United Overseas Bank's long-term debt to total assets ratio declined from Dec. 2022 (0.08) to Dec. 2023 (0.07). It may suggest that United Overseas Bank is progressively becoming less dependent on debt to grow their business.

United Overseas Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for United Overseas 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.

* Premium members only.

United Overseas Bank LT-Debt-to-Total-Asset Chart

United Overseas Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.07

0.08

0.07

United Overseas Bank Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.08	0.08	0.07	0.07

United Overseas Bank LT-Debt-to-Total-Asset Calculation

United Overseas 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 )
	=	37444	/	523520
	=	0.07

United Overseas Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	37444	/	523520
	=	0.07

United Overseas Bank (SGX:U11) 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.

United Overseas Bank LT-Debt-to-Total-Asset Related Terms

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

United Overseas Bank (SGX:U11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Overseas Bank Ltd (SGX:U11) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

UOVEY:USA UOVEF:USA UOB:Germany

Address

80 Raffles Place, UOB Plaza, Singapore, SGP, 048624

Website

https://www.uobgroup.com

United Overseas Bank is a diversified financial institution based in Singapore. Its regional reach spans Greater China and Southeast Asia. Key countries include Malaysia, Thailand, and Indonesia. Singapore, its core market, makes up around 50% of its total assets. The group offers a wide range of services, including consumer, commercial and corporate, and investment banking; corporate finance; treasury services; and wealth management, insurance, and brokerage services.

United Overseas Bank (SGX:U11) Headlines

No Headlines