Hong Leong Asia (FRA:HOM) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Hong Leong Asia 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. Hong Leong Asia's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Hong Leong Asia's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.06). It may suggest that Hong Leong Asia is progressively becoming less dependent on debt to grow their business.

Hong Leong Asia LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hong Leong Asia'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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Hong Leong Asia LT-Debt-to-Total-Asset Chart

Hong Leong Asia Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.06

0.04

0.07

0.06

Hong Leong Asia Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.09	0.07	0.07	0.06

Hong Leong Asia LT-Debt-to-Total-Asset Calculation

Hong Leong Asia's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	233.735	/	4107.904
	=	0.06

Hong Leong Asia'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 )
	=	233.735	/	4107.904
	=	0.06

Hong Leong Asia (FRA:HOM) 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.

Hong Leong Asia LT-Debt-to-Total-Asset Related Terms

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Hong Leong Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hong Leong Asia Ltd (FRA:HOM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

H22:Singapore

Address

16 Raffles Quay, No. 26-00 Hong Leong Building, Singapore, SGP, 048581

Website

https://www.hlasia.com.sg

Hong Leong Asia Ltd is the industrial manufacturing and distribution division of Hong Leong Group Singapore. It operates as the diversified industrial conglomerate in China and Southeast Asia. Its reportable segments are Diesel engines, Building materials, Rigid packaging and Air-conditioning systems. Geographically it derives key revenue from China.

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