Boustead Holdings Bhd (XKLS:2771) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2023)

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What is Boustead 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. Boustead Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.18.

Boustead Holdings Bhd's long-term debt to total assets ratio increased from Mar. 2022 (0.18) to Mar. 2023 (0.18). It may suggest that Boustead Holdings Bhd is progressively becoming more dependent on debt to grow their business.

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

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

Boustead Holdings Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.15

0.21

0.19

0.18

Boustead Holdings Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.18	0.18	0.18	0.18

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

Boustead Holdings Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	2847.6	/	15891.5
	=	0.18

Boustead Holdings Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	2873.2	/	15748.4
	=	0.18

Boustead Holdings Bhd (XKLS:2771) 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.

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

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Boustead Holdings Bhd (XKLS:2771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Boustead Holdings Bhd (XKLS:2771) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Jalan PJU 7/6, Level 23, The Bousteador, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47800

Website

https://www.boustead.com.my

Boustead Holdings Bhd is a conglomerate. The company operates in six segments. The plantation division primarily involves the planting of oil palm and processing of crude palm oil. The heavy industries division primarily involves shipbuilding, fabrication of offshore structures, and vessel restoration and maintenance. The Property and Industrial Division division primarily involves real estate development and leasing, as well as hotel operation. The pharmaceutical division manufactures, trades, and markets pharmaceutical products. The trading and industrial division operates a petrol station network and manufactures and trades building materials.

Boustead Holdings Bhd (XKLS:2771) Headlines

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