Puncak Niaga Holdings Bhd (Puncak Niaga Holdings Bhd) LT-Debt-to-Total-Asset : 0.30 (As of Mar. 2024)

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What is Puncak Niaga Holdings 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. Puncak Niaga Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.30.

Puncak Niaga Holdings Bhd's long-term debt to total assets ratio declined from Mar. 2023 (0.33) to Mar. 2024 (0.30). It may suggest that Puncak Niaga Holdings Bhd is progressively becoming less dependent on debt to grow their business.

Puncak Niaga Holdings Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Puncak Niaga Holdings 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.

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Puncak Niaga Holdings Bhd LT-Debt-to-Total-Asset Chart

Puncak Niaga Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.34

0.32

0.31

Puncak Niaga Holdings Bhd 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															0.33	0.32	0.33	0.31	0.30

Puncak Niaga Holdings Bhd LT-Debt-to-Total-Asset Calculation

Puncak Niaga Holdings Bhd'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 )
	=	193.397	/	632.404
	=	0.31

Puncak Niaga Holdings Bhd'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 )
	=	190.99	/	631.454
	=	0.30

Puncak Niaga Holdings Bhd (OTCPK:PKNHF) 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.

Puncak Niaga Holdings Bhd LT-Debt-to-Total-Asset Related Terms

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Puncak Niaga Holdings Bhd (Puncak Niaga Holdings Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Puncak Niaga Holdings Bhd (OTCPK:PKNHF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

6807:Malaysia

Address

Wisma Rozali, No. 4, Persiaran Sukan, Seksyen 13, Shah Alam, SGR, MYS, 40100

Website

https://www.puncakniaga.com.my

Puncak Niaga Holdings Bhd is a regional integrated water and environmental solutions provider, with involvement in the oil and gas sector. It is an investment holding company engaged in the construction, water and environmental engineering sectors, through its subsidiaries. The operating segments of the company are Construction, Concession, and Plantation.

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