Soon Lian Holdings (SGX:5MD) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is Soon Lian 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. Soon Lian Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Soon Lian Holdings's long-term debt to total assets ratio declined from Dec. 2023 (0.10) to Dec. 2024 (0.07). It may suggest that Soon Lian Holdings is progressively becoming less dependent on debt to grow their business.

Soon Lian Holdings LT-Debt-to-Total-Asset Historical Data

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

Soon Lian Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.20

0.12

0.08

0.10

0.07

Soon Lian 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															0.08	0.08	0.10	0.07	0.07

Soon Lian Holdings LT-Debt-to-Total-Asset Calculation

Soon Lian 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 )
	=	4.791	/	73.085
	=	0.07

Soon Lian 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 )
	=	4.791	/	73.085
	=	0.07

Soon Lian Holdings (SGX:5MD) 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.

Soon Lian Holdings LT-Debt-to-Total-Asset Related Terms

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Soon Lian Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Soon Lian Holdings Ltd (SGX:5MD) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

6 Tuas Lane, Singapore, SGP, 638615

Website

https://www.slmetalsgroup.com

Soon Lian Holdings Ltd acts as a specialist supplier of aluminum alloy products. The business divisions of the company include Marine, Precision Engineering, Stockists & traders, and Others customers. The Marine division includes products used in shipbuilding - hulls, decks, superstructures, and cabins of light crafts. The Precision Engineering division includes precision parts for electronic equipment, precision instruments, medical instrumentation, automated assembly lines, pharmaceutical machinery, and robotics. Stockists segment and other customer divisions include high-strength items in aircraft industries, oil tankers, automotive parts, and towers. Its geographical segments are Singapore, Malaysia, China, Taiwan, Indonesia and other countries, of which Malaysia gives maximum revenue.

Soon Lian Holdings Headlines

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