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Elridge Energy Holdings Bhd (XKLS:0318) Debt-to-Asset : 0.24 (As of Dec. 2024)


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What is Elridge Energy Holdings Bhd Debt-to-Asset?

Elridge Energy Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM54.1 Mil. Elridge Energy Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM10.1 Mil. Elridge Energy Holdings Bhd's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was RM266.4 Mil. Elridge Energy Holdings Bhd's debt to asset for the quarter that ended in Dec. 2024 was 0.24.


Elridge Energy Holdings Bhd Debt-to-Asset Historical Data

The historical data trend for Elridge Energy Holdings 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.

* Premium members only.

Elridge Energy Holdings Bhd Debt-to-Asset Chart

Elridge Energy Holdings Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
0.27 0.26 0.40 0.24

Elridge Energy Holdings Bhd Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Debt-to-Asset 0.27 0.26 0.40 0.24

Competitive Comparison of Elridge Energy Holdings Bhd's Debt-to-Asset

For the Utilities - Renewable subindustry, Elridge Energy Holdings 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.


Elridge Energy Holdings Bhd's Debt-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Elridge Energy Holdings Bhd's Debt-to-Asset distribution charts can be found below:

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


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Elridge Energy Holdings Bhd Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Elridge Energy Holdings Bhd's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(54.082 + 10.066) / 266.41
=0.24

Elridge Energy Holdings Bhd's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(54.082 + 10.066) / 266.41
=0.24

* 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.


Elridge Energy Holdings Bhd  (XKLS:0318) 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.


Elridge Energy Holdings Bhd Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Elridge Energy Holdings Bhd's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Elridge Energy Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
61-2, Jalan Radin Tengah, Bandar Baru Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Elridge Energy Holdings Bhd is principally involved in the manufacturing and trading of biomass fuel products, particularly PKS and wood pellets. Biomass fuel products are energy sources derived from organic materials, that are burned or combusted to generate heat or electricity. PKS is a form of biomass fuel product that is derived from the shell fractions left after oil is extracted from palm kernels. Meanwhile, wood pellets are a form of biomass fuel products produced from sawdust, wood chips, offcut and wood slabs, which are industrial wastes from timber milling.

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