MindChamps PreSchool (SGX:CNE) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2024)

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What is MindChamps PreSchool 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. MindChamps PreSchool's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.21.

MindChamps PreSchool's long-term debt to total assets ratio increased from Dec. 2023 (0.20) to Dec. 2024 (0.21). It may suggest that MindChamps PreSchool is progressively becoming more dependent on debt to grow their business.

MindChamps PreSchool LT-Debt-to-Total-Asset Historical Data

The historical data trend for MindChamps PreSchool'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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MindChamps PreSchool LT-Debt-to-Total-Asset Chart

MindChamps PreSchool Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.34

0.29

0.21

0.20

0.21

MindChamps PreSchool Semi-Annual Data
	Dec14	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															0.21	0.16	0.20	0.18	0.21

MindChamps PreSchool LT-Debt-to-Total-Asset Calculation

MindChamps PreSchool'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 )
	=	27.165	/	128.854
	=	0.21

MindChamps PreSchool'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 )
	=	27.165	/	128.854
	=	0.21

MindChamps PreSchool (SGX:CNE) 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.

MindChamps PreSchool LT-Debt-to-Total-Asset Related Terms

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MindChamps PreSchool Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » MindChamps PreSchool Ltd (SGX:CNE) » Definitions » LT-Debt-to-Total-Asset

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Address

6 Raffles Boulevard, No. 04-100 Marina Square, Singapore, SGP, 039594

Website

https://www.mindchamps.org

MindChamps PreSchool Ltd is a Singapore-based investment holding company. Principally, it is engaged in the business of childcare services. The company operates through four segments, namely Education, Franchise, Corporate, and others. Its education segment provides childcare, education, and learning-related services for preschool children. The franchise segment is involved in the franchising of childcare services and enrichment classes. Its Corporate segment provides administrative support services, exclusive territory business sales and corporate office. Its other segment comprises of higher education programs, business, and management consulting services. The company generates revenue mainly through services offered in the education segment. It operates in Singapore and Australia.

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