Asiatic Group (Holdings) (SGX:5CR) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2024)

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What is Asiatic Group (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. Asiatic Group (Holdings)'s long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.11.

Asiatic Group (Holdings)'s long-term debt to total assets ratio declined from Sep. 2023 (0.11) to Sep. 2024 (0.11). It may suggest that Asiatic Group (Holdings) is progressively becoming less dependent on debt to grow their business.

Asiatic Group (Holdings) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asiatic Group (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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Asiatic Group (Holdings) LT-Debt-to-Total-Asset Chart

Asiatic Group (Holdings) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.02

0.09

0.13

0.10

Asiatic Group (Holdings) Quarterly Data
	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.10	0.09	0.11

Asiatic Group (Holdings) LT-Debt-to-Total-Asset Calculation

Asiatic Group (Holdings)'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 )
	=	5.529	/	54.338
	=	0.10

Asiatic Group (Holdings)'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 )
	=	5.885	/	53.575
	=	0.11

Asiatic Group (Holdings) (SGX:5CR) 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.

Asiatic Group (Holdings) LT-Debt-to-Total-Asset Related Terms

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Asiatic Group (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Asiatic Group (Holdings) Ltd (SGX:5CR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Joo Koon Circle, Singapore, SGP, 629078

Website

https://www.asiatic.com.sg

Asiatic Group (Holdings) Ltd is an engineering management company focused on the development of two sectors Fire Protection Solutions and Energy Services. The Fire Protection Solutions focuses on supplying, installing, and maintaining firefighting and protection equipment. The Energy Services focuses on power generation and the distribution of controlled power supply and equipment. The company manufactures fire extinguishers and assembles fire-fighting products such as hose reels, hydrants, alarm systems, and emergency lighting, under its brand name KILLFIRE. It operates in Singapore, Cambodia, and other countries. It generates revenue from the Fire Protection Solutions segment.

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