KBC Groupe NV (XBRU:KBC) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)

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What is KBC Groupe NV 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. KBC Groupe NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.08.

KBC Groupe NV's long-term debt to total assets ratio increased from Dec. 2022 (0.05) to Dec. 2023 (0.08). It may suggest that KBC Groupe NV is progressively becoming more dependent on debt to grow their business.

KBC Groupe NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for KBC Groupe NV'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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KBC Groupe NV LT-Debt-to-Total-Asset Chart

KBC Groupe NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.05

0.08

KBC Groupe NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.06	0.07	0.07	0.08

KBC Groupe NV LT-Debt-to-Total-Asset Calculation

KBC Groupe NV'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 )
	=	26206	/	346921
	=	0.08

KBC Groupe NV'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 )
	=	26206	/	346921
	=	0.08

KBC Groupe NV (XBRU:KBC) 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.

KBC Groupe NV LT-Debt-to-Total-Asset Related Terms

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KBC Groupe NV (XBRU:KBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KBC Groupe NV (XBRU:KBC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KBCSY:USA KBCSF:USA KBCb:UK 0EYG:UK KDB:Germany KBC:Austria

Address

Havenlaan 2, Brussels, BEL, B-1080

Website

https://www.kbc.com

KBC was formed in 1998 by the merger of Belgian commercial bank Kredietbank, cooperative farmers bank CERA Bank, and cooperative insurer ABB Verzekering. KBC offers banking, insurance, and investment products. Belgium and the Czech Republic account for the bulk of KBC's profits, while the bank has smaller operations in Hungary, Slovakia, and Bulgaria.

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