IDICO JSC (HSTC:IDC) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

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What is IDICO JSC 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. IDICO JSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

IDICO JSC's long-term debt to total assets ratio declined from Dec. 2023 (0.15) to Dec. 2024 (0.11). It may suggest that IDICO JSC is progressively becoming less dependent on debt to grow their business.

IDICO JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for IDICO JSC'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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IDICO JSC LT-Debt-to-Total-Asset Chart

IDICO JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.15

0.12

0.16

0.15

0.11

IDICO JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.14	0.12	0.10	0.11

IDICO JSC LT-Debt-to-Total-Asset Calculation

IDICO JSC'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 )
	=	1992308.67	/	18799535.657
	=	0.11

IDICO JSC'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 )
	=	1992308.67	/	18799535.657
	=	0.11

IDICO JSC (HSTC:IDC) 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.

IDICO JSC LT-Debt-to-Total-Asset Related Terms

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IDICO JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IDICO Corp JSC (HSTC:IDC) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

151 ter Nguyen Dinh Chieu, Ward 6, District 3, Ho Chi Minh City, VNM

Website

http://www.idico.com.vn

IDICO Corp JSC is a Vietnam based company. It is formed to focused resources on finance, technology, and to invest in developing and trading in the technical infrastructure of urban areas, industrial parks, and economic zones, concentrated residential areas, investment and development of transport, irrigation hydroelectricity projects, industrial production, and housing development. IDCO's core area is to invest in developing industrial parks.

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