SLB Development (SGX:1J0) LT-Debt-to-Total-Asset : 0.36 (As of Nov. 2024)

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What is SLB Development 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. SLB Development's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.36.

SLB Development's long-term debt to total assets ratio increased from Nov. 2023 (0.05) to Nov. 2024 (0.36). It may suggest that SLB Development is progressively becoming more dependent on debt to grow their business.

SLB Development LT-Debt-to-Total-Asset Historical Data

The historical data trend for SLB Development'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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SLB Development LT-Debt-to-Total-Asset Chart

SLB Development Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

LT-Debt-to-Total-Asset

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0.20

0.22

0.24

0.08

0.31

SLB Development Semi-Annual Data
	May15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.29	0.08	0.05	0.31	0.36

SLB Development LT-Debt-to-Total-Asset Calculation

SLB Development's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

LT Debt to Total Assets (A: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2024 )	/	Total Assets (A: May. 2024 )
	=	115.409	/	375.161
	=	0.31

SLB Development's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	135.698	/	373.725
	=	0.36

SLB Development (SGX:1J0) 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.

SLB Development LT-Debt-to-Total-Asset Related Terms

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SLB Development Business Description

Industry

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Address

29 Harrison Road, Suite 07-00 Lian Beng Building, Singapore, SGP, 369648

Website

https://www.slbdevelopment.com.sg

SLB Development Ltd is an investment holding company. The company operates in three segments namely Property development, which is involved in the development and sale of properties (residential, commercial, and industrial), as well as the provision of development management services; The Fund management & investment segment refers to the Group's business as a fund manager through joint ventures and strategic alliance with third parties, as well as investment in the funds managed by fund managers such as through participation by way of a limited partner or shareholder in the fund company; and The corporate segment mainly relates to corporate office functions. It generates the majority of its revenue from Property development segment.

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