MK Land Holdings Bhd (XKLS:8893) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is MK Land 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. MK Land Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

MK Land Holdings Bhd's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that MK Land Holdings Bhd is progressively becoming more dependent on debt to grow their business.

MK Land Holdings Bhd LT-Debt-to-Total-Asset Historical Data

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

MK Land Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.01

0.02

MK Land 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															0.02	0.02	0.02	0.02	0.02

MK Land Holdings Bhd LT-Debt-to-Total-Asset Calculation

MK Land Holdings Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	41.49	/	1715.94
	=	0.02

MK Land 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 )
	=	39.488	/	1658.609
	=	0.02

MK Land Holdings Bhd (XKLS:8893) 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.

MK Land Holdings Bhd LT-Debt-to-Total-Asset Related Terms

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MK Land Holdings Bhd (XKLS:8893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MK Land Holdings Bhd (XKLS:8893) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Number 19, Jalan PJU 8/5H, Perdana Business Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820

Website

https://www.mkland.com.my

MK Land Holdings Bhd is an investment holding company. The company's operating segment includes Property development; Leisure; Investment holding; solar and Education. It generates maximum revenue from the Property development segment. The Property Development segment is engaged in the development of mixed properties and its related activities. Geographically, it operates only in Malaysia.

MK Land Holdings Bhd (XKLS:8893) Headlines

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