Asia Strategic Holdings (LSE:ASIA) LT-Debt-to-Total-Asset : 0.46 (As of Sep. 2023)

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What is Asia Strategic Holdings 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. Asia Strategic Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.46.

Asia Strategic Holdings's long-term debt to total assets ratio increased from Sep. 2022 (0.42) to Sep. 2023 (0.46). It may suggest that Asia Strategic Holdings is progressively becoming more dependent on debt to grow their business.

Asia Strategic Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asia Strategic Holdings'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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Asia Strategic Holdings LT-Debt-to-Total-Asset Chart

Asia Strategic Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.60

0.42

0.46

Asia Strategic Holdings Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.60	0.63	0.42	0.40	0.46

Asia Strategic Holdings LT-Debt-to-Total-Asset Calculation

Asia Strategic Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	12.447	/	27.007
	=	0.46

Asia Strategic Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	12.447	/	27.007
	=	0.46

Asia Strategic Holdings (LSE:ASIA) 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.

Asia Strategic Holdings LT-Debt-to-Total-Asset Related Terms

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Asia Strategic Holdings (LSE:ASIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Asia Strategic Holdings Ltd (LSE:ASIA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Raffles Place, No. 32-01, UOB Plaza 1, Singapore, SGP, 048624

Website

http://www.asia-strategic.com

Asia Strategic Holdings Ltd is an investment-based company. The company's operating segments are Education; Services and Others. It generates maximum revenue from the Education segment. Education segment includes operation of education businesses ranging from early years to tertiary education and including vocational training, consultancy, advisory and project management services in the education sector in Myanmar and in Vietnam. Geographically, it derives a majority of revenue from Myanmar.