Wing Tai Holdings (SGX:W05) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Wing Tai 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. Wing Tai Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.24.

Wing Tai Holdings's long-term debt to total assets ratio increased from Dec. 2023 (0.16) to Dec. 2024 (0.24). It may suggest that Wing Tai Holdings is progressively becoming more dependent on debt to grow their business.

Wing Tai Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wing Tai 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.

* Premium members only.

Wing Tai Holdings LT-Debt-to-Total-Asset Chart

Wing Tai Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.17

0.13

0.07

0.15

0.20

Wing Tai Holdings Semi-Annual Data
	Jun15	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															0.12	0.15	0.16	0.20	0.24

Wing Tai Holdings LT-Debt-to-Total-Asset Calculation

Wing Tai Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	782.73	/	3989.505
	=	0.20

Wing Tai 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 )
	=	1044.134	/	4281.393
	=	0.24

Wing Tai Holdings (SGX:W05) 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.

Wing Tai Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Wing Tai Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Wing Tai Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wing Tai Holdings Ltd (SGX:W05) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Killiney Road, No. 10-01 Winsland House I, Singapore, SGP, 239519

Website

https://www.wingtaiasia.com.sg

Wing Tai Holdings Ltd is a Singapore-based company that is principally engaged in the real estate business through its subsidiaries. The company's business segments consist of development properties, investment properties, retail, and other operations comprising mainly investing, central management and administrative activities. The company generates over half of its total revenue from sale of development properties, and the rest from sale of goods, rental income, management fees arising from management and maintenance of properties, dividend income, and other. The company has a business presence in Singapore, Malaysia, the People's Republic of China, and Hong Kong, with Singapore contributing the majority of total revenue.

Wing Tai Holdings Headlines

No Headlines