Thomson Medical Group (FRA:3H5) LT-Debt-to-Total-Asset : 0.54 (As of Dec. 2023)

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What is Thomson Medical Group 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. Thomson Medical Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.54.

Thomson Medical Group's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.54). It may suggest that Thomson Medical Group is progressively becoming more dependent on debt to grow their business.

Thomson Medical Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thomson Medical Group'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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Thomson Medical Group LT-Debt-to-Total-Asset Chart

Thomson Medical Group Annual Data

Trend

Mar12

Mar13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.08

0.23

0.49

0.30

0.51

Thomson Medical Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.32	0.30	-	0.51	0.54

Thomson Medical Group LT-Debt-to-Total-Asset Calculation

Thomson Medical Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	510.185	/	992.648
	=	0.51

Thomson Medical Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	698.643	/	1303.542
	=	0.54

Thomson Medical Group (FRA:3H5) 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.

Thomson Medical Group LT-Debt-to-Total-Asset Related Terms

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Thomson Medical Group (FRA:3H5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Thomson Medical Group Ltd (FRA:3H5) » Definitions » LT-Debt-to-Total-Asset

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A50:Singapore

Address

101 Thomson Road, No. 20-04/05, United Square, Singapore, SGP, 307591

Website

https://www.thomsonmedical.com

Thomson Medical Group Ltd is a provider of healthcare services for women and children. Its segments include Hospital services; Specialised services and Investment holdings. It generates maximum revenue from the Specialised services segment. The specialised services segment includes services provided by fertility clinics, paediatric centres, cancer centre, cardiology centre, Chinese medicine, specialist skin centre and a pre-natal and clinical diagnostic laboratory and project-related services such as managing vaccination centres, COVID-19 Treatment Facilities and Transitional Care Facilities. It also includes a consumer business segment, comprising products and services. Geographically, it derives a majority of its revenue from Singapore.

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