Micro-Mechanics (Holdings) (SGX:5DD) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Micro-Mechanics (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. Micro-Mechanics (Holdings)'s long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Micro-Mechanics (Holdings)'s long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.00). It may suggest that Micro-Mechanics (Holdings) is progressively becoming less dependent on debt to grow their business.

Micro-Mechanics (Holdings) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Micro-Mechanics (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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Micro-Mechanics (Holdings) LT-Debt-to-Total-Asset Chart

Micro-Mechanics (Holdings) Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.01

0.02

0.01

0.02

0.01

Micro-Mechanics (Holdings) Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.01	0.01	-	-

Micro-Mechanics (Holdings) LT-Debt-to-Total-Asset Calculation

Micro-Mechanics (Holdings)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	0.332	/	56.86
	=	0.01

Micro-Mechanics (Holdings)'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 )
	=	0.046	/	58.178
	=	0.00

Micro-Mechanics (Holdings) (SGX:5DD) 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.

Micro-Mechanics (Holdings) LT-Debt-to-Total-Asset Related Terms

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Micro-Mechanics (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micro-Mechanics (Holdings) Ltd (SGX:5DD) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 31 Kaki Bukit Place, Eunos Techpark, Singapore, SGP, 416209

Website

https://www.micro-mechanics.com

Micro-Mechanics (Holdings) Ltd designs, manufactures and markets high precision parts and tools used in process-critical applications for the wafer-fabrication and assembly processes of the semiconductor industry. The company's geographical segments includes Singapore, Malaysia, the Philippines, the United States of America, and China. The product line of the company consists of die-attach, wire-bonding, and encapsulation, and custom manufacturing.

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