Glostrext Bhd (XKLS:0284) Debt-to-Asset : 0.14 (As of Mar. 2023)

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What is Glostrext Bhd Debt-to-Asset?

Glostrext Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was RM0.62 Mil. Glostrext Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was RM8.58 Mil. Glostrext Bhd's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2023 was RM66.49 Mil. Glostrext Bhd's debt to asset for the quarter that ended in Mar. 2023 was 0.14.

Glostrext Bhd Debt-to-Asset Historical Data

The historical data trend for Glostrext Bhd's Debt-to-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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Glostrext Bhd Debt-to-Asset Chart

Glostrext Bhd Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Asset

0.34

0.33

0.25

0.14

Glostrext Bhd Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Debt-to-Asset	0.34	0.33	0.25	0.14

Competitive Comparison of Glostrext Bhd's Debt-to-Asset

For the Engineering & Construction subindustry, Glostrext Bhd's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Glostrext Bhd's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Glostrext Bhd's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Glostrext Bhd's Debt-to-Asset falls into.

Glostrext Bhd Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Glostrext Bhd's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.619	+	8.584)	/	66.487
	=	0.14

Glostrext Bhd's Debt-to-Asset for the quarter that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.619	+	8.584)	/	66.487
	=	0.14

Glostrext Bhd (XKLS:0284) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Glostrext Bhd Debt-to-Asset Related Terms

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Glostrext Bhd (XKLS:0284) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Glostrext Bhd (XKLS:0284) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11A, Jalan Apollo U5/194, Bandar Pinggiran Subang, Seksyen U5, Shah Alam, SGR, MYS, 40150

Website

https://www.glostrext.com

Glostrext Bhd is a geotechnical instrumentation service provider, where it provides piling, structural and geotechnical-related services, covering instrumentation, testing and monitoring services to construction projects as well as completed buildings and infrastructure. Its service offerings can be categorized into 2 segments; Provision of pile instrumentation and static load test services to construction projects and Provision of structural and ground instrumentation and monitoring services to construction projects as well as completed buildings and infrastructures. The majority of revenue is derived from pile instrumentation and static load test services.

Glostrext Bhd (XKLS:0284) Headlines

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