Singapore Paincare Holdings (SGX:FRQ) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2023)

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What is Singapore Paincare 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. Singapore Paincare Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.19.

Singapore Paincare Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.16) to Dec. 2023 (0.19). It may suggest that Singapore Paincare Holdings is progressively becoming more dependent on debt to grow their business.

Singapore Paincare Holdings LT-Debt-to-Total-Asset Historical Data

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

Singapore Paincare Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.09

0.14

0.15

0.13

Singapore Paincare Holdings Semi-Annual Data
	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.13	0.15	0.16	0.13	0.19

Singapore Paincare Holdings LT-Debt-to-Total-Asset Calculation

Singapore Paincare Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	5.356	/	40.205
	=	0.13

Singapore Paincare Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	7.458	/	40.056
	=	0.19

Singapore Paincare Holdings (SGX:FRQ) 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.

Singapore Paincare Holdings LT-Debt-to-Total-Asset Related Terms

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Singapore Paincare Holdings (SGX:FRQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Singapore Paincare Holdings Ltd (SGX:FRQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Macpherson Road, No. 06-20/21 Grantral Mall, Singapore, SGP, 368242

Website

https://www.sgpaincareholdings.com

Singapore Paincare Holdings Ltd is a medical services group engaged in pain care services, and primary care and other services. It offers Pain care services focused on the treatment of patients suffering from chronic pain. Its pain care services include, among others, minimally invasive procedures, cancer pain treatment, specialised injections, pharmacotherapy, and cognitive behavioural therapy. Its Primary care and other services provide general medical consultations, management of chronic and acute conditions, and dermatology services. Through its associated company, it also provides health screening services. The company derives its revenue from Singapore.

Singapore Paincare Holdings (SGX:FRQ) Headlines

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