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Aedge Group (SGX:XVG) LT-Debt-to-Total-Asset : 0.38 (As of Dec. 2024)


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What is Aedge 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. Aedge Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.38.

Aedge Group's long-term debt to total assets ratio increased from Dec. 2023 (0.29) to Dec. 2024 (0.38). It may suggest that Aedge Group is progressively becoming more dependent on debt to grow their business.


Aedge Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aedge 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.

* Premium members only.

Aedge Group LT-Debt-to-Total-Asset Chart

Aedge Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.05 0.07 0.04 0.06 0.28

Aedge Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.05 0.06 0.29 0.28 0.38

Aedge Group LT-Debt-to-Total-Asset Calculation

Aedge Group'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 )
=7.094/24.975
=0.28

Aedge Group'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 )
=12.347/32.776
=0.38

* 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.


Aedge Group  (SGX:XVG) 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.


Aedge Group LT-Debt-to-Total-Asset Related Terms

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Aedge Group Business Description

Traded in Other Exchanges
N/A
Address
4009 Ang Mo Kio Avenue 10, No. 04-33 Techplace 1, Singapore, SGP, 569738
Aedge Group Ltd is a Singapore-based multi-services provider, focusing on three principal services, namely engineering services, security and manpower services and transport services. The company generates maximum revenue from Security and manpower services which include security services, including security guarding services and security systems integration; cleaning services; and manpower services, including manpower staffing, recruitment and placement services.

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