Hiap Seng Industries (SGX:1L2) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Hiap Seng Industries 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. Hiap Seng Industries's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Hiap Seng Industries's long-term debt to total assets ratio declined from Sep. 2022 (0.03) to Sep. 2024 (0.00). It may suggest that Hiap Seng Industries is progressively becoming less dependent on debt to grow their business.

Hiap Seng Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hiap Seng Industries'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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Hiap Seng Industries LT-Debt-to-Total-Asset Chart

Hiap Seng Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.02

0.01

Hiap Seng Industries Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.01	-	-	-

Hiap Seng Industries LT-Debt-to-Total-Asset Calculation

Hiap Seng Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	0	/	26.011
	=	0.00

Hiap Seng Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0	/	28.611
	=

Hiap Seng Industries (SGX:1L2) 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.

Hiap Seng Industries LT-Debt-to-Total-Asset Related Terms

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Hiap Seng Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hiap Seng Industries Ltd (SGX:1L2) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

28 Tuas Crescent, Singapore, SGP, 638719

Website

https://www.hiapseng.com

Hiap Seng Industries Ltd is engaged in the provision of building construction, engineering, procurement, construction and plant maintenance services for oil and gas and energy sectors and, the provision of process and industrial plant engineering and consultancy services. Its segment is Plant construction and maintenance segment.

Hiap Seng Industries Headlines

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