Indigo Star Holdings (HKSE:08373) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)

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

Indigo Star Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Jun. 2024 (0.02). It may suggest that Indigo Star Holdings is progressively becoming more dependent on debt to grow their business.

Indigo Star Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Indigo Star 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.

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Indigo Star Holdings LT-Debt-to-Total-Asset Chart

Indigo Star Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.04

0.03

Indigo Star Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.03	-	0.03	0.02

Indigo Star Holdings LT-Debt-to-Total-Asset Calculation

Indigo Star Holdings'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 )
	=	5.294	/	198.918
	=	0.03

Indigo Star 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 )
	=	3.473	/	197.876
	=

Indigo Star Holdings (HKSE:08373) 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.

Indigo Star Holdings LT-Debt-to-Total-Asset Related Terms

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Indigo Star Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Indigo Star Holdings Ltd (HKSE:08373) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Upper Aljunied Link, No. 03-08 Quartz Industrial Building, Singapore, SGP, 367903

Website

https://www.indigostar.sg

Indigo Star Holdings Ltd is a subcontractor specializing in providing reinforced concrete works. The company offers structural reinforced and concrete works in general building and civil engineering works. It offers steel reinforcement works, formwork erection, and concrete works. It provides such services either individually or as a total package comprising all three, depending on the requirements of the customers. The group is involved in different types of general building and civil engineering projects, which include residential housing, offices, commercial, industrial, and institutional developments, special purpose constructions, MRT stations, and infrastructure. It has two segments Construction contract and Sales of tiles. All its revenue is derived from Singapore.

Executives

Chan Ming	2201 Interest of corporation controlled by you
Splendor Investment Limited	2101 Beneficial owner
Claudia International Limited	2101 Beneficial owner
Chan Wai Kin	2201 Interest of corporation controlled by you
Amber Capital Holdings Limited	2101 Beneficial owner
Goh Cheng Seng	2101 Beneficial owner
Tan So Kuan	2101 Beneficial owner

Indigo Star Holdings Headlines

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