Quantum Healthcare (Quantum Healthcare) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Quantum Healthcare 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. Quantum Healthcare's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.28.

Quantum Healthcare's long-term debt to total assets ratio declined from Dec. 2021 (0.34) to Dec. 2023 (0.28). It may suggest that Quantum Healthcare is progressively becoming less dependent on debt to grow their business.

Quantum Healthcare LT-Debt-to-Total-Asset Historical Data

The historical data trend for Quantum Healthcare'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.

Quantum Healthcare LT-Debt-to-Total-Asset Chart

Quantum Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.34

0.38

0.28

Quantum Healthcare Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.23	0.38	0.33	0.28

Quantum Healthcare LT-Debt-to-Total-Asset Calculation

Quantum Healthcare'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 )
	=	2.76	/	9.782
	=	0.28

Quantum Healthcare'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 )
	=	2.76	/	9.782
	=

Quantum Healthcare (OTCPK:QTHLF) 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.

Quantum Healthcare LT-Debt-to-Total-Asset Related Terms

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

Quantum Healthcare (Quantum Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Quantum Healthcare Ltd (OTCPK:QTHLF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

V8Y:Singapore

Address

8 Temasek Boulevard, Level 42, Suntec Tower Three, Singapore, SGP, 038988

Website

https://www.quantumhealthcare.com.sg

Quantum Healthcare Ltd formerly QT Vascular Ltd engages in the development and distribution of therapeutic solutions for the treatment of vascular diseases. It designs, assembles, and distributes therapeutic solutions for the minimally invasive treatment of complex vascular diseases. Healthcare Business also includes the provision of dental services, and operations management and consultancy services, Medical Equipment Business includes the research, development, and design of medical equipment and other related products of geriatric medical rehabilitation equipment and others.

Quantum Healthcare (Quantum Healthcare) Headlines

No Headlines