Advancer Global (SGX:43Q) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is Advancer Global 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. Advancer Global's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Advancer Global's long-term debt to total assets ratio declined from Dec. 2023 (0.03) to Dec. 2024 (0.03). It may suggest that Advancer Global is progressively becoming less dependent on debt to grow their business.

Advancer Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for Advancer Global'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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Advancer Global LT-Debt-to-Total-Asset Chart

Advancer Global Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.02

0.04

0.03

Advancer Global Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.03	0.03	0.02	0.03

Advancer Global LT-Debt-to-Total-Asset Calculation

Advancer Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1.08	/	43.607
	=	0.02

Advancer Global's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1.08	/	43.607
	=	0.02

Advancer Global (SGX:43Q) 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.

Advancer Global LT-Debt-to-Total-Asset Related Terms

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Advancer Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Advancer Global Ltd (SGX:43Q) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

135 Jurong Gateway Road, Number 05-317, Singapore, SGP, 600135

Website

https://www.advancer.sg

Advancer Global Ltd is an integrated solutions provider that specialises in providing workforce solutions and facilities management services. The group has two core business segments namely Employment Services division, and Facilities Management Services division which encompasses the Building Management Services and Security Services. Employment Business, provides services for the sourcing, employment and training to households; Building Management Services, provides integrated building facility management services including property consultancy, property and facilities management services, property valuation, and Security Services Business, provide manpower and technology for security solutions and services to, amongst others, commercial, industrial and residential properties.

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