Taka Jewellery Holdings (SGX:42L) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)

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What is Taka Jewellery 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. Taka Jewellery Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.08.

Taka Jewellery Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.08) to Dec. 2023 (0.08). It may suggest that Taka Jewellery Holdings is progressively becoming more dependent on debt to grow their business.

Taka Jewellery Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Taka Jewellery 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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Taka Jewellery Holdings LT-Debt-to-Total-Asset Chart

Taka Jewellery Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.06

0.10

0.09

0.08

0.09

Taka Jewellery Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.08	0.08	0.08	0.09	0.08

Taka Jewellery Holdings LT-Debt-to-Total-Asset Calculation

Taka Jewellery Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	17.425	/	194.156
	=	0.09

Taka Jewellery Holdings'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 )
	=	17.115	/	204.842
	=	0.08

Taka Jewellery Holdings (SGX:42L) 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.

Taka Jewellery Holdings LT-Debt-to-Total-Asset Related Terms

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Taka Jewellery Holdings (SGX:42L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Taka Jewellery Holdings Ltd (SGX:42L) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Kaki Bukit Place, Eunos Techpark, Singapore, SGP, 416181

Website

http://www.takajewellery.com.sg

Taka Jewellery Holdings Ltd is involved in the design, manufacturing and sale of jewellery in Singapore under the Taka Jewellery brand as well as on a wholesale basis to the markets through active participation in international jewellery exhibitions. The company's segment includes Wholesale and Exhibitions; Retail and Financial Services. It generates maximum revenue from the Retail segment. The Retail segment relates to the sale of jewellery to customers at retail outlets, promotional events and headquarters.

Taka Jewellery Holdings (SGX:42L) Headlines

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