Kretam Holdings Bhd (XKLS:1996) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

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What is Kretam Holdings Bhd 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. Kretam Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Kretam Holdings Bhd's long-term debt to total assets ratio declined from Mar. 2023 (0.04) to Mar. 2024 (0.03). It may suggest that Kretam Holdings Bhd is progressively becoming less dependent on debt to grow their business.

Kretam Holdings Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kretam Holdings Bhd'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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Kretam Holdings Bhd LT-Debt-to-Total-Asset Chart

Kretam Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.02

0.04

0.03

Kretam Holdings Bhd 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															0.04	0.03	0.03	0.03	0.03

Kretam Holdings Bhd LT-Debt-to-Total-Asset Calculation

Kretam Holdings Bhd'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 )
	=	34.814	/	1126.982
	=	0.03

Kretam Holdings Bhd'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 )
	=	33.832	/	1137.01
	=	0.03

Kretam Holdings Bhd (XKLS:1996) 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.

Kretam Holdings Bhd LT-Debt-to-Total-Asset Related Terms

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Kretam Holdings Bhd (XKLS:1996) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kretam Holdings Bhd (XKLS:1996) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6, Block 44, Leboh Tiga, Sandakan, SBH, MYS, 90000

Website

https://www.kretam.com

Kretam Holdings Bhd is a Sabah-based medium-sized oil palm plantation company. The company operates through two segments namely Plantation and mills and Refinery. Its Plantation and mill segment is involved in the business of cultivation and sale of oil palm products. The Refinery segment which generates majority revenue engages in refining crude palm oil and producing biofuels. Majority of revenue is generated from refinery segment. The company's geographical area of operations includes Malaysia, Singapore, China, India, Italy, Spain, Germany and Netherlands.

Kretam Holdings Bhd (XKLS:1996) Headlines

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