Luminor Financial Holdings (SGX:5UA) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Luminor Financial 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. Luminor Financial Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Luminor Financial Holdings's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.01). It may suggest that Luminor Financial Holdings is progressively becoming less dependent on debt to grow their business.

Luminor Financial Holdings LT-Debt-to-Total-Asset Historical Data

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

Luminor Financial Holdings Annual Data

Trend

Sep15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.02

0.01

Luminor Financial Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	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															0.03	0.02	0.02	0.01	0.01

Luminor Financial Holdings LT-Debt-to-Total-Asset Calculation

Luminor Financial 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 )
	=	0.593	/	88.241
	=	0.01

Luminor Financial 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 )
	=	0.593	/	88.241
	=	0.01

Luminor Financial Holdings (SGX:5UA) 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.

Luminor Financial Holdings LT-Debt-to-Total-Asset Related Terms

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Luminor Financial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Luminor Financial Holdings Ltd (SGX:5UA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

30 Cecil Street, No. 10-01 / 02, Prudential Tower, Singapore, SGP, 049712

Website

https://www.luminorfinancialholdings.com

Luminor Financial Holdings Ltd is an investment holding company. The company operates in two segments: Property segment, which is into the development of residential, commercial, and other properties and leasing of properties, held for sale to generate rental income; and the Financial Solutions segment provides covers interest income and fees from the financial solutions business in Malaysia. The majority of its revenue comes from the Financial Solutions. The company's geographical segments are Singapore, Malaysia, and China.

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