Meta Health (SGX:5DX) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2023)

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What is Meta Health 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. Meta Health's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.19.

Meta Health's long-term debt to total assets ratio increased from Dec. 2022 (0.16) to Dec. 2023 (0.19). It may suggest that Meta Health is progressively becoming more dependent on debt to grow their business.

Meta Health LT-Debt-to-Total-Asset Historical Data

The historical data trend for Meta Health'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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Meta Health LT-Debt-to-Total-Asset Chart

Meta Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.12

0.14

0.16

0.19

Meta Health Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.12	0.16	0.14	0.19

Meta Health LT-Debt-to-Total-Asset Calculation

Meta Health's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1.521	/	7.974
	=	0.19

Meta Health'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 )
	=	1.521	/	7.974
	=	0.19

Meta Health (SGX:5DX) 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.

Meta Health LT-Debt-to-Total-Asset Related Terms

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Meta Health (SGX:5DX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meta Health Ltd (SGX:5DX) » Definitions » LT-Debt-to-Total-Asset

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Address

1 Lorong 2 Toa Payoh, Number 02-02, Braddell House, Singapore, SGP, 319637

Website

https://www.metahealth.sg

Meta Health Ltd is a Singapore-based company. Its activities of the company consist of investment holding and metal stamping and manufacturing of tools and fixtures. It has two operating segments Metal and Healthcare. The geographic segments of the company are Singapore, Thailand, Malaysia, and China. of which the China segment generates the majority of its revenue.

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