8I Holdings (ASX:8IH) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2023)

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What is 8I Holdings 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. 8I Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.03.

8I Holdings's long-term debt to total assets ratio declined from Sep. 2022 (0.07) to Sep. 2023 (0.03). It may suggest that 8I Holdings is progressively becoming less dependent on debt to grow their business.

8I Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for 8I Holdings'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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8I Holdings LT-Debt-to-Total-Asset Chart

8I Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.07

0.10

0.01

8I Holdings Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.07	0.07	0.10	0.03	0.01

8I Holdings LT-Debt-to-Total-Asset Calculation

8I Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	3.963	/	38.228
	=	0.10

8I Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0.883	/	29.916
	=	0.03

8I Holdings (ASX:8IH) 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.

8I Holdings LT-Debt-to-Total-Asset Related Terms

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8I Holdings (ASX:8IH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 8I Holdings Ltd (ASX:8IH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

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Address

1557 Keppel Road, No. 01-01, Singapore, SGP, 089066

Website

https://www.8iholdings.com

8I Holdings Ltd is an investment holding company. The company's operating segments include Financial Education; Financial Investment and Others. The Financial Education segment is involved in providing financial education in the discipline of value investing and supporting a community of value investors from 29 cities globally under the VI brand. It generates maximum revenue from the Financial Education segment. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia and Other countries.

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