The Place Holdings (FRA:95N) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is The Place 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. The Place Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

The Place Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Jun. 2024 (0.01). It may suggest that The Place Holdings is progressively becoming more dependent on debt to grow their business.

The Place Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Place 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.

* Premium members only.

The Place Holdings LT-Debt-to-Total-Asset Chart

The Place Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.53

The Place Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.53	0.54	-	-	0.01

The Place Holdings LT-Debt-to-Total-Asset Calculation

The Place Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0.104	/	172.669
	=	0.00

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0.348	/	66.65
	=

The Place Holdings (FRA:95N) 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.

The Place Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of The Place Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

The Place Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Place Holdings Ltd (FRA:95N) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

E27:Singapore

Address

6 Battery Road, No. 21-01, Singapore, SGP, 049909

Website

https://www.theplaceholdings.com

The Place Holdings Ltd is an investment holding company that invests in develops and manages media-related businesses. It manages various cultural events and activities; and focuses on the provision of branding strategy, planning, and organizing of corporate events, exhibitions, and other events. It also engages in the development and operation of integrated tourism business including the development of commercial malls, hotels, entertainment and recreation facilities, resorts, corporate clubhouses, and wellness resorts for the elderly. In addition, the firm invests in a new retail business. It operates in two segments Media and event management and Property development. The Media and event management accounts for all of the firm's revenue.

The Place Holdings Headlines

No Headlines