Rich Capital Holdings (SGX:5G4) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Rich Capital 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. Rich Capital Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Rich Capital Holdings's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.02). It may suggest that Rich Capital Holdings is progressively becoming more dependent on debt to grow their business.

Rich Capital Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rich Capital 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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Rich Capital Holdings LT-Debt-to-Total-Asset Chart

Rich Capital Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.01

0.02

Rich Capital Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.01	0.01	0.02	0.02

Rich Capital Holdings LT-Debt-to-Total-Asset Calculation

Rich Capital 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 )
	=	0.137	/	6.805
	=	0.02

Rich Capital 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 )
	=	0.112	/	6.149
	=	0.02

Rich Capital Holdings (SGX:5G4) 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.

Rich Capital Holdings LT-Debt-to-Total-Asset Related Terms

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Rich Capital Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rich Capital Holdings Ltd (SGX:5G4) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

140 Paya Lebar Road, No. 07-09, AZ at Paya Lebar, Singapore, SGP, 409015

Website

https://www.richcapital.com.sg

Rich Capital Holdings Ltd is a property developer focusing on residential and industrial properties in Singapore and the region. Its core businesses include property development, investment, project management and the provision of specialist construction services. Its segments include Property investment, development and construction services; Mining; and Others. Property investment, development and construction services segment relates to revenue generated from property development activities in Singapore. Mining segment relates to revenue generated from the Mining operations in Australia. It derives majority of the revenue from Property investment, development and construction services segment.

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