IOI Bhd (IOI Bhd) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is IOI Bhd 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. IOI Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

IOI Bhd's long-term debt to total assets ratio declined from Dec. 2022 (0.17) to Dec. 2023 (0.16). It may suggest that IOI Bhd is progressively becoming less dependent on debt to grow their business.

IOI Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for IOI Bhd'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.

* Premium members only.

IOI Bhd LT-Debt-to-Total-Asset Chart

IOI Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.27

0.24

0.06

0.15

0.17

IOI Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.17	0.17	0.17	0.16

IOI Bhd LT-Debt-to-Total-Asset Calculation

IOI Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	637.265	/	3797.305
	=	0.17

IOI Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	609.596	/	3784.586
	=	0.16

IOI Bhd (OTCPK:IOIOF) 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.

IOI Bhd LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of IOI Bhd's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

IOI Bhd (IOI Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » IOI Corp Bhd (OTCPK:IOIOF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

1961:Malaysia

Address

Level 29,IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, SGR, MYS, 62502

Website

https://www.ioigroup.com

IOI Corp Bhd is a palm oil producer. Its operations include oil palm plantations and Resource-based manufacturing divisions. The plantations are monitored to check oil palm nutrient status, seed breeding, ground conditions, and other data sources to improve the efficiency of each estate. The majority of revenue from the plantations comes from sales to its manufacturing divisions. Once the oil reaches the manufacturing divisions, it can be refined to create snack ingredients, soap, plastics, fatty acids, and other oils. The products are exported worldwide to many different customers, including some multinational corporations.

IOI Bhd (IOI Bhd) Headlines

No Headlines