Keong Hong Holdings (SGX:5TT) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is Keong Hong 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. Keong Hong Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Keong Hong Holdings's long-term debt to total assets ratio declined from Jun. 2022 (0.21) to Mar. 2024 (0.13). It may suggest that Keong Hong Holdings is progressively becoming less dependent on debt to grow their business.

Keong Hong Holdings LT-Debt-to-Total-Asset Historical Data

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

Keong Hong Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.21

0.16

0.05

0.06

Keong Hong Holdings Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.05	0.09	0.06	0.13

Keong Hong Holdings LT-Debt-to-Total-Asset Calculation

Keong Hong Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	10.759	/	189.037
	=	0.06

Keong Hong Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	22.212	/	175.882
	=

Keong Hong Holdings (SGX:5TT) 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.

Keong Hong Holdings LT-Debt-to-Total-Asset Related Terms

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Keong Hong Holdings (SGX:5TT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Keong Hong Holdings Ltd (SGX:5TT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

9 Sungei Kadut Street 2, Singapore, SGP, 729230

Website

https://www.keonghong.com

Keong Hong Holdings Ltd is an investment holding company. The company operates in Four segments: Construction, Property Development, hotel development, Investment holding, and Investment property. It derives the majority of its revenue from the construction segment. Its geographical segments include Singapore, Maldives, and Japan, of which Singapore contributes to the majority of the revenue.

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