Kaspi.kz JSC (XKAZ:KSPI) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

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What is Kaspi.kz JSC 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. Kaspi.kz JSC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Kaspi.kz JSC's long-term debt to total assets ratio declined from Mar. 2023 (0.05) to Mar. 2024 (0.03). It may suggest that Kaspi.kz JSC is progressively becoming less dependent on debt to grow their business.

Kaspi.kz JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kaspi.kz JSC'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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Kaspi.kz JSC LT-Debt-to-Total-Asset Chart

Kaspi.kz JSC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.08

0.04

0.02

Kaspi.kz JSC 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															0.05	0.05	0.03	0.02	0.03

Kaspi.kz JSC LT-Debt-to-Total-Asset Calculation

Kaspi.kz JSC'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 )
	=	161896	/	6821932
	=	0.02

Kaspi.kz JSC'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 )
	=	214709	/	6909226
	=	0.03

Kaspi.kz JSC (XKAZ:KSPI) 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.

Kaspi.kz JSC LT-Debt-to-Total-Asset Related Terms

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Kaspi.kz JSC (XKAZ:KSPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kaspi.kz JSC (XKAZ:KSPI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KSPI:USA KSPI:USA KSPID:Kazakhstan KSPIl:UK KSPI:UK KKS:Germany

Address

154A Nauryzbai Batyr Street, Almaty, KAZ, 050013

Website

https://www.kaspi.kz

Kaspi.kz JSC is the payment, marketplace, and Fintech ecosystem in Kazakhstan. The firm provides interconnected technologically seamless products and services that help people to pay, shop, and manage its finances. Its operating segment includes the Payments Platform that connects its customers, which consist of both consumers and merchants, to facilitate cashless, digital transactions, the Marketplace Platform that connects merchants and consumers enabling merchants to increase their sales and consumers to buy a broad selection of products and services offered by a variety of merchants, and Fintech Platform that enables customers to manage their personal finances online and access consumer finance and deposit products through the Kaspi.kz Super App.

Kaspi.kz JSC (XKAZ:KSPI) Headlines

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