Zagrebacka Banka D.D (ZAG:ZABA) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Zagrebacka Banka D.D 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. Zagrebacka Banka D.D's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Zagrebacka Banka D.D's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.02). It may suggest that Zagrebacka Banka D.D is progressively becoming more dependent on debt to grow their business.

Zagrebacka Banka D.D LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zagrebacka Banka D.D'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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Zagrebacka Banka D.D LT-Debt-to-Total-Asset Chart

Zagrebacka Banka D.D Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Zagrebacka Banka D.D 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															0.01	0.01	0.01	0.01	0.02

Zagrebacka Banka D.D LT-Debt-to-Total-Asset Calculation

Zagrebacka Banka D.D'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 )
	=	151	/	24592
	=	0.01

Zagrebacka Banka D.D'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 )
	=	434.9	/	20027.909
	=	0.02

Zagrebacka Banka D.D (ZAG:ZABA) 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.

Zagrebacka Banka D.D LT-Debt-to-Total-Asset Related Terms

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Zagrebacka Banka D.D (ZAG:ZABA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zagrebacka Banka D.D (ZAG:ZABA) » Definitions » LT-Debt-to-Total-Asset

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Address

Trg bana Josipa Jelacica 10, Zagreb, HRV, 10000

Website

https://www.zaba.hr

Zagrebacka Banka D.D is a Croatian banking service provider. It caters to a customer and organizational needs through various avenues of services such as payment, financing, savings and investment and insurance. The company has four operating segments namely Retail, Corporate and Investment, Leasing and Other. It generates maximum revenue from the Retail segment. Geographically, it derives majority of revenue from the Republic of Croatia.

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