Soilbuild Construction Group (SGX:V5Q) LT-Debt-to-Total-Asset : 0.25 (As of Jun. 2024)

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What is Soilbuild Construction Group 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. Soilbuild Construction Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.25.

Soilbuild Construction Group's long-term debt to total assets ratio increased from Jun. 2023 (0.25) to Jun. 2024 (0.25). It may suggest that Soilbuild Construction Group is progressively becoming more dependent on debt to grow their business.

Soilbuild Construction Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Soilbuild Construction Group'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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Soilbuild Construction Group LT-Debt-to-Total-Asset Chart

Soilbuild Construction Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.22

0.25

0.26

0.29

Soilbuild Construction Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.26	0.25	0.29	0.25

Soilbuild Construction Group LT-Debt-to-Total-Asset Calculation

Soilbuild Construction Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	73.899	/	252.548
	=	0.29

Soilbuild Construction Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	67.973	/	267.145
	=	0.25

Soilbuild Construction Group (SGX:V5Q) 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.

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Soilbuild Construction Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Soilbuild Construction Group Ltd (SGX:V5Q) » Definitions » LT-Debt-to-Total-Asset

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Address

23 Defu South Street 1, Singapore, SGP, 533847

Website

https://www.soilbuildconstruction.com

Soilbuild Construction Group Ltd is a builder engaged in the construction of residential and business space properties. The company offers real estate services including design and build, construction, turnkey construction, project management consultancy, procurement and mechanical and electrical installation. Its projects in Singapore include several public housing projects with HDB in Ang Mo Kio, Yishun, Sembawang, and Bukit Batok. Its geographical segments are spread across Singapore, Malaysia and Myanmar, with Singapore deriving the major revenue.

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