PanAsialum Holdings Co (HKSE:02078) LT-Debt-to-Total-Asset : 0.04 (As of Jun. 2024)

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What is PanAsialum Holdings Co 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. PanAsialum Holdings Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.04.

PanAsialum Holdings Co's long-term debt to total assets ratio declined from Jun. 2023 (0.07) to Jun. 2024 (0.04). It may suggest that PanAsialum Holdings Co is progressively becoming less dependent on debt to grow their business.

PanAsialum Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for PanAsialum Holdings Co'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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PanAsialum Holdings Co LT-Debt-to-Total-Asset Chart

PanAsialum Holdings Co Annual Data

Trend

Sep12

Sep13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.11

0.14

0.05

0.01

PanAsialum Holdings Co Semi-Annual Data
	Sep12	Mar13	Sep13	Mar14	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															0.14	0.07	0.05	0.04	0.01

PanAsialum Holdings Co LT-Debt-to-Total-Asset Calculation

PanAsialum Holdings Co'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 )
	=	66.263	/	1431.519
	=	0.05

PanAsialum Holdings Co'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 )
	=	51.446	/	1454.521
	=	0.04

PanAsialum Holdings Co (HKSE:02078) 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.

PanAsialum Holdings Co LT-Debt-to-Total-Asset Related Terms

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PanAsialum Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PanAsialum Holdings Co Ltd (HKSE:02078) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

98 How Ming Street, Room 01, 26th Floor, Tower 2, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.palum.com

PanAsialum Holdings Co Ltd is an Investment holding company engaged in the manufacture and sale of aluminum products. Its products include the Radiator series, Solar frame series, Motor car skirt board and auto parts, Electronic product accessories series, Railing series, and Door and Window series. Its segment includes the manufacture and trading of aluminum products and, investment properties. It generates the majority of its revenue from aluminum products. Geographically, it derives the majority revenue from Southeast Asia and also has an operation in PRC, Australia and Other countries.

Executives

Genesis Trust & Corporate Services Ltd.	2301 Trustee
Pan Zhaolong	2501 Other

PanAsialum Holdings Co Headlines

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