Naim Holdings Bhd (XKLS:5073) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

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

Naim Holdings Bhd's long-term debt to total assets ratio declined from Mar. 2023 (0.05) to Mar. 2024 (0.03). It may suggest that Naim Holdings Bhd is progressively becoming less dependent on debt to grow their business.

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

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

Naim Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.05

0.04

0.05

0.04

Naim 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															0.05	0.04	0.04	0.04	0.03

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

Naim 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 )
	=	66.682	/	1806.303
	=	0.04

Naim 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 )
	=	61.579	/	1795.901
	=	0.03

Naim Holdings Bhd (XKLS:5073) 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.

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

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Naim Holdings Bhd (XKLS:5073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Naim Holdings Bhd (XKLS:5073) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 1/2 Mile, Rock Road, 9th Floor, Wisma Naim, Kuching, SWK, MYS, 93200

Website

https://www.naim.com.my

Naim Holdings Bhd is an investment holding company engaged in property developments, construction, civil engineering, infrastructure projects, and oil and gas services. It operates in three reportable segments. The property development segment includes the development and construction of residential and commercial properties and the sale of vacant land. The Construction segment includes the construction of buildings, roads, bridges, and other infrastructures and engineering works including oil and gas-related construction projects, and Other segments include the manufacture and sale of buildings and construction materials, property investment, and quarry operation.

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