Versalink Holdings (SGX:40N) LT-Debt-to-Total-Asset : 0.01 (As of Aug. 2024)

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What is Versalink 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. Versalink Holdings's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.01.

Versalink Holdings's long-term debt to total assets ratio declined from Aug. 2023 (0.08) to Aug. 2024 (0.01). It may suggest that Versalink Holdings is progressively becoming less dependent on debt to grow their business.

Versalink Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Versalink 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.

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Versalink Holdings LT-Debt-to-Total-Asset Chart

Versalink Holdings Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.01

0.09

0.06

Versalink Holdings Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.09	0.08	0.06	0.01

Versalink Holdings LT-Debt-to-Total-Asset Calculation

Versalink Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	0.571	/	9.585
	=	0.06

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

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	0.148	/	10.583
	=	0.01

Versalink Holdings (SGX:40N) 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.

Versalink Holdings LT-Debt-to-Total-Asset Related Terms

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Versalink Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Versalink Holdings Ltd (SGX:40N) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6119, Jalan Haji Salleh, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050

Website

https://www.versalink.com

Versalink Holdings Ltd is principally engaged in the design, manufacture, and supply of a wide range of system furniture. The company also focuses on ancillary products such as seating models and work tools. It also provides workspace planning and consulting services to customers. The company operates in two business segments that include Domestic Sales and Export Sales. The export sales generate maximum revenue for the company. Geographically, the company operates in Malaysia, the Middle East, North America, Africa, Asia, Singapore, and others.

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