CIC Holdings (COL:CIC.N0000) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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

CIC Holdings's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.03). It may suggest that CIC Holdings is progressively becoming more dependent on debt to grow their business.

CIC Holdings LT-Debt-to-Total-Asset Historical Data

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

CIC Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.01

CIC Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.01	0.01	0.03	0.03

CIC Holdings LT-Debt-to-Total-Asset Calculation

CIC Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	399.988	/	78487.258
	=	0.01

CIC Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	2370.12	/	86396.93
	=	0.03

CIC Holdings (COL:CIC.N0000) 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.

CIC Holdings LT-Debt-to-Total-Asset Related Terms

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CIC Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CIC Holdings PLC (COL:CIC.N0000) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

CIC.X0000:Sri Lanka

Address

199, Kew Road, CIC House, Colombo, LKA, 02

Website

https://www.cic.lk

CIC Holdings PLC carries on the business of merchandising and manufacturing as its principal activities. The group has five strategic divisions which are its reportable segments, namely Crop Solutions, Agri Produce, Livestock Solutions, Industrial Solutions, and Health and Personal care. The company generates the majority of its revenue from the Crop solutions segment, which is engaged in Lawn and garden, Plant nutrition, and Seeds. Geographically, the company generates the majority of its revenue from Sri Lanka and also exports to other countries.

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