GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Premium Catering (Holdings) Ltd (NAS:PC) » Definitions » LT-Debt-to-Total-Asset

PC (Premium Catering (Holdings)) LT-Debt-to-Total-Asset : 0.45 (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Premium Catering (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. Premium Catering (Holdings)'s long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.45.

Premium Catering (Holdings)'s long-term debt to total assets ratio declined from Jun. 2023 (0.62) to Jun. 2024 (0.45). It may suggest that Premium Catering (Holdings) is progressively becoming less dependent on debt to grow their business.

Premium Catering (Holdings) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Premium Catering (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.

* Premium members only.

Premium Catering (Holdings) LT-Debt-to-Total-Asset Chart

Premium Catering (Holdings) Annual Data
Trend Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
0.36 0.62 0.45

Premium Catering (Holdings) Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset 0.36 - 0.62 0.55 0.45

Premium Catering (Holdings) LT-Debt-to-Total-Asset Calculation

Premium Catering (Holdings)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )/Total Assets (A: Jun. 2024 )
=2.228/4.915
=0.45

Premium Catering (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 )
=2.228/4.915
=0.45

* 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 Catering (Holdings)  (NAS:PC) 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.

Premium Catering (Holdings) LT-Debt-to-Total-Asset Related Terms

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

Premium Catering (Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Premium Catering (Holdings) Ltd (NAS:PC) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SFHG WHLM ELVG ADMQ PMAX LICN SMX GPOX JFIL SST LSE:REL CTAS TSX:TRI CPRT XAMS:WKL GPN TSX:RBA ASX:BXB LSE:RTO ULS
Traded in Other Exchanges
N/A
Address
6 Woodlands Walk, Singapore, SGP, 738398
Website
https://www.premium-catering.com.sg
Premium Catering (Holdings) Ltd is a company that conducts its operations through its subsidiary is mainly engaged in food catering for functions, events, and workers in Singapore. Are specialized in Indian, Bangladesh, and Chinese cuisine and all its food products are Halal food which is permissible for consumption by Muslims to consume. Are an ACRA registered company and licensed by SFA to operate and process food business. Serve highquality value-packed food, company deliver's a reliable and dependable service to meet customer's daily meal requirements. The Company recognizes revenue from sales of budgeted prepared meals.