Golden MV Holdings (PHS:HVN) LT-Debt-to-Total-Asset : 0.16 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Golden MV 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. Golden MV Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.16.

Golden MV Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.11) to Mar. 2024 (0.16). It may suggest that Golden MV Holdings is progressively becoming more dependent on debt to grow their business.

Golden MV Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Golden MV 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.

Golden MV Holdings LT-Debt-to-Total-Asset Chart

Golden MV Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.18

0.19

0.15

0.11

0.16

Golden MV Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.11	0.16	0.16

Golden MV Holdings LT-Debt-to-Total-Asset Calculation

Golden MV 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 )
	=	4472.905	/	27945.743
	=	0.16

Golden MV Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	4549.482	/	29125.626
	=	0.16

Golden MV Holdings (PHS:HVN) 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.

Golden MV Holdings LT-Debt-to-Total-Asset Related Terms

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

Golden MV Holdings (PHS:HVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Golden MV Holdings Inc (PHS:HVN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

San Ezekiel, C5 Extension, 2nd Floor, Golden Haven Building, Villar SIPAG Complex, Las Pinas, PHL, 1746

Website

https://www.goldenhaven.com.ph

Golden MV Holdings Inc is a Philippines-based developer of memorial parks in the country in terms of the number of projects, overall sales, and land development. The Company develops, constructs, and operates columbarium and memorial chapel facilities, and is also engaged in the construction and development of residential projects in various places all over the Philippines. The company has two operating segments; the Residential segment pertains to the housing market segment of the group. It caters to the development and sale of residential houses and lots, subdivision lots, and condominium units, and The Deathcare segment pertains to the sale of memorial lots, interment income, and income from chapel services. The majority of its revenue is derived from the Residential segment.

Golden MV Holdings (PHS:HVN) Headlines

No Headlines