Nam Lee Pressed Metal Industries (SGX:G0I) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

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What is Nam Lee Pressed Metal Industries 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. Nam Lee Pressed Metal Industries's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Nam Lee Pressed Metal Industries's long-term debt to total assets ratio declined from Sep. 2023 (0.06) to Sep. 2024 (0.04). It may suggest that Nam Lee Pressed Metal Industries is progressively becoming less dependent on debt to grow their business.

Nam Lee Pressed Metal Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nam Lee Pressed Metal Industries'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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Nam Lee Pressed Metal Industries LT-Debt-to-Total-Asset Chart

Nam Lee Pressed Metal Industries Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.12

0.09

0.07

0.06

0.04

Nam Lee Pressed Metal Industries Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.06	0.05	0.04

Nam Lee Pressed Metal Industries LT-Debt-to-Total-Asset Calculation

Nam Lee Pressed Metal Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	9.88	/	236.767
	=	0.04

Nam Lee Pressed Metal Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	9.88	/	236.767
	=	0.04

Nam Lee Pressed Metal Industries (SGX:G0I) 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.

Nam Lee Pressed Metal Industries LT-Debt-to-Total-Asset Related Terms

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Nam Lee Pressed Metal Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nam Lee Pressed Metal Industries Ltd (SGX:G0I) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

4 Gul Way, Singapore, SGP, 629192

Website

http://www.namlee.com.sg

Nam Lee Pressed Metal Industries Ltd is engaged in the designing, manufacturing, and supplying of metal products and solutions for diverse industries. It has four segments. The Aluminium segment includes products for building construction and other industrial uses, such as curtain walls, cladding windows, and container refrigeration units. The Mild Steel segment includes products for door frames and entrance gates for building construction projects. The Stainless Steel segment includes products such as drying racks and hoppers used for building construction projects. UPVC products include doors, skirting and flooring for building construction projects. The company derives a vast majority of its revenues from the Aluminium segment from Singapore followed by Malaysia.

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