Hemas Holdings (COL:HHL.N0000) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

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What is Hemas 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. Hemas Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

Hemas Holdings's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.04). It may suggest that Hemas Holdings is progressively becoming less dependent on debt to grow their business.

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

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

Hemas Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.07

0.05

0.04

0.06

Hemas 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															0.07	0.06	0.05	0.05	0.04

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

Hemas 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 )
	=	5407.779	/	93722.932
	=	0.06

Hemas 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 )
	=	4138.085	/	97448.778
	=	0.04

Hemas Holdings (COL:HHL.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.

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

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Hemas Holdings Business Description

Industry

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

Traded in Other Exchanges

N/A

Address

No. 75, Braybrooke Place, Hemas House, Colombo, LKA, 02

Website

https://www.hemas.com

Hemas Holdings PLC holds investments in companies with diversified businesses in Sri Lanka. Its businesses include manufacturing, trading, and distributing FMCG products, pharmaceutical products, healthcare products, provision of medical care, operating tourism business, hotel management, airlines, and shipping business, among others. It has the following reportable segments: Consumer, Healthcare, Mobility, and other segments. The healthcare segment which generates the majority of the revenue distributes pharmaceuticals, surgical and diagnostics products, and owns and manages hospitals. Geographically, the company generates a majority of its revenue from Sri Lanka.

Hemas Holdings Headlines

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