BRC Asia (SGX:BEC) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

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

BRC Asia's long-term debt to total assets ratio declined from Jun. 2022 (0.05) to Mar. 2024 (0.02). It may suggest that BRC Asia is progressively becoming less dependent on debt to grow their business.

BRC Asia LT-Debt-to-Total-Asset Historical Data

The historical data trend for BRC Asia'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.

* Premium members only.

BRC Asia LT-Debt-to-Total-Asset Chart

BRC Asia Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.16

0.09

0.05

0.02

BRC Asia Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.05	0.05	0.02	0.02

BRC Asia LT-Debt-to-Total-Asset Calculation

BRC Asia'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 )
	=	21.015	/	952.361
	=	0.02

BRC Asia'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 )
	=	17.196	/	856.098
	=

BRC Asia (SGX:BEC) 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.

BRC Asia LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of BRC Asia's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

BRC Asia (SGX:BEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BRC Asia Ltd (SGX:BEC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, SGP, 619530

Website

https://www.brc.com.sg

BRC Asia Ltd is a provider of steel reinforcement solutions. The reportable segments of the company are fabrication and manufacturing; Trading; and others. It generates maximum revenue from the fabrication and manufacturing segment. The fabrication and manufacturing segment is involved in the business of prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. Trading segment is involved in trading of steel and steel related products in both domestic and international market. Others relates to management of airport, hotel and resort and property development. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia, Thailand, Hong Kong, Australia and others.

BRC Asia (SGX:BEC) Headlines

No Headlines