Square Textiles (DHA:SQUARETEXT) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is Square Textiles 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. Square Textiles's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

Square Textiles's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.13). It may suggest that Square Textiles is progressively becoming more dependent on debt to grow their business.

Square Textiles LT-Debt-to-Total-Asset Historical Data

The historical data trend for Square Textiles'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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Square Textiles LT-Debt-to-Total-Asset Chart

Square Textiles Annual Data

Trend

Dec13

Dec14

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.16

0.02

0.12

Square Textiles 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	0.12	0.11	0.13

Square Textiles LT-Debt-to-Total-Asset Calculation

Square Textiles's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	3027.235	/	25096.238
	=	0.12

Square Textiles'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 )
	=	3406.433	/	26763.149
	=	0.13

Square Textiles (DHA:SQUARETEXT) 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.

Square Textiles LT-Debt-to-Total-Asset Related Terms

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Square Textiles Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Square Textiles PLC (DHA:SQUARETEXT) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Sector - 7, Plot-107/A, Mascot Plaza, 11-12th Floor, Uttara, Dhaka, BGD, 1230

Website

https://textile.squaregroup.com

Square Textiles PLC is a textile company based in Bangladesh. It is engaged in developing, manufacturing, and marketing cotton yarn for human as well as industrial use. The company produces cotton yarn, polyester, organic yarn, bamboo yarn, and blended yarn mix of cotton, and polyester of different counts.

Square Textiles Headlines

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