HGH Holdings (SGX:5GZ) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

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What is HGH 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. HGH Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

HGH Holdings's long-term debt to total assets ratio increased from Dec. 2023 (0.08) to Dec. 2024 (0.10). It may suggest that HGH Holdings is progressively becoming more dependent on debt to grow their business.

HGH Holdings LT-Debt-to-Total-Asset Historical Data

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

HGH Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.08

0.09

0.08

0.10

HGH Holdings 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															0.09	0.08	0.08	0.08	0.10

HGH Holdings LT-Debt-to-Total-Asset Calculation

HGH Holdings'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 )
	=	6.891	/	68.822
	=	0.10

HGH 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 )
	=	6.891	/	68.822
	=	0.10

HGH Holdings (SGX:5GZ) 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.

HGH Holdings LT-Debt-to-Total-Asset Related Terms

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HGH Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HGH Holdings Ltd (SGX:5GZ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

60 Benoi Road, No 03-02, Singapore, SGP, 629906

Website

https://www.hghholdings.com.sg

HGH Holdings Ltd, through its subsidiaries, is engaged in the supply and manufacturing of ready-mix concrete products; supply of precast concrete products; providing one-stop high value-added general warehousing and logistics services, industrial, office space for engineering, manufacturing, industrial training, and workers' dormitory facilities; and providing underground cable installation and road reinstatement services. Its segments include leasing and service income, the Manufacturing of Precast Concrete products, the Supply and Manufacturing of Ready-Mix Concrete products; and the provision of Underground Cable Installation and Road Reinstatement. It derives the majority of its revenue from the Supply and Manufacturing of Ready-Mix Concrete products.

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