Bet Shemesh Engines Holdings (1997) (XTAE:BSEN) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

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What is Bet Shemesh Engines Holdings (1997) 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. Bet Shemesh Engines Holdings (1997)'s long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

Bet Shemesh Engines Holdings (1997)'s long-term debt to total assets ratio declined from Mar. 2023 (0.12) to Mar. 2024 (0.07). It may suggest that Bet Shemesh Engines Holdings (1997) is progressively becoming less dependent on debt to grow their business.

Bet Shemesh Engines Holdings (1997) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bet Shemesh Engines Holdings (1997)'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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Bet Shemesh Engines Holdings (1997) LT-Debt-to-Total-Asset Chart

Bet Shemesh Engines Holdings (1997) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.18

0.13

0.08

Bet Shemesh Engines Holdings (1997) 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															0.12	0.11	0.10	0.08	0.07

Bet Shemesh Engines Holdings (1997) LT-Debt-to-Total-Asset Calculation

Bet Shemesh Engines Holdings (1997)'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 )
	=	87.257	/	1082.515
	=	0.08

Bet Shemesh Engines Holdings (1997)'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 )
	=	77.527	/	1095.111
	=	0.07

Bet Shemesh Engines Holdings (1997) (XTAE:BSEN) 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.

Bet Shemesh Engines Holdings (1997) LT-Debt-to-Total-Asset Related Terms

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Bet Shemesh Engines Holdings (1997) (XTAE:BSEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Bet Shemesh Engines Holdings (1997) Ltd (XTAE:BSEN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

D.N HaElah, Bet Shemesh, ISR, 99000

Website

http://www.bsel.co.il

Bet Shemesh Engines Holdings (1997) Ltd manufactures and deals in jet engine parts, engines overhaul and customer support. The company's manufacturing division produces jet engine complex parts, Casting Division produces air foils and structural parts for the most advanced engines. The Maintenance, Repair & Overhaul (MRO) Division provides support services to well reputed civil and government aircraft operators. R&D and Engineering Division designs gas turbine engines, modules and other parts.

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