MBV International (HKSE:01957) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)

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What is MBV International 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. MBV International's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.02.

MBV International's long-term debt to total assets ratio declined from Jun. 2023 (0.03) to Jun. 2024 (0.02). It may suggest that MBV International is progressively becoming less dependent on debt to grow their business.

MBV International LT-Debt-to-Total-Asset Historical Data

The historical data trend for MBV International'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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MBV International LT-Debt-to-Total-Asset Chart

MBV International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.05

0.04

0.03

0.02

MBV International Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.04	0.03	0.03	0.02	0.02

MBV International LT-Debt-to-Total-Asset Calculation

MBV International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	8.11	/	405.491
	=	0.02

MBV International'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 )
	=	7.89	/	405.04
	=	0.02

MBV International (HKSE:01957) 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.

MBV International LT-Debt-to-Total-Asset Related Terms

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MBV International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » MBV International Ltd (HKSE:01957) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 58-66, Jalan Seroja 39, Taman Johor Jaya, Johor Bahru, JHR, MYS, 81100

Website

https://www.orensport.com

MBV International Ltd is an investment holding company. Its operating segments are Wholesaling of imprintable apparel and gift products and Manufacturing of imprintable apparel. The Wholesaling segment generates the majority of its revenue. Its product portfolio includes imprintable apparel ranging from T-shirts, uniforms, jackets, and others including other casual wear and accessories in a variety of sizes, colors, and styles in blank or undecorated form, without imprints or embellishment to its customers who may decorate its products with designs and logos for sale to a diversified range of consumers. Its geographical segments are Malaysia and Singapore, of which Malaysia accounts for the majority of revenue.

Executives

Foo Kim Foong	2202 Interest of your spouse
Kong Siew Peng	2202 Interest of your spouse
Loi Siew Yoke	2202 Interest of your spouse
Mbv Capital Limited	2101 Beneficial owner
Tan Meng Seng	2201 Interest of corporation controlled by you
Tan Beng Sen	2201 Interest of corporation controlled by you
Tan Mein Kwang	2201 Interest of corporation controlled by you

MBV International Headlines

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