SIMEF (Sime Darby Property Bhd) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)

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What is Sime Darby Property Bhd 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. Sime Darby Property Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

Sime Darby Property Bhd's long-term debt to total assets ratio declined from Dec. 2023 (0.16) to Dec. 2024 (0.12). It may suggest that Sime Darby Property Bhd is progressively becoming less dependent on debt to grow their business.

Sime Darby Property Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sime Darby Property Bhd'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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Sime Darby Property Bhd LT-Debt-to-Total-Asset Chart

Sime Darby Property Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.21

0.18

0.15

0.16

0.12

Sime Darby Property Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.15	0.14	0.14	0.12

Sime Darby Property Bhd LT-Debt-to-Total-Asset Calculation

Sime Darby Property Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	438.743	/	3706.727
	=	0.12

Sime Darby Property Bhd'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 )
	=	438.743	/	3706.727
	=	0.12

Sime Darby Property Bhd (OTCPK:SIMEF) 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.

Sime Darby Property Bhd LT-Debt-to-Total-Asset Related Terms

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Sime Darby Property Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sime Darby Property Bhd (OTCPK:SIMEF) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

5288:Malaysia

Address

No. 2, Jalan PJU 1A/7A, Ara Damansara, PJU 1A, Level 10, Block G, Petaling Jaya, SGR, MYS, 47301

Website

https://www.simedarbyproperty.com

Sime Darby Property Bhd is a property development company. The company is engaged in property investment, asset management, hospitality, and leisure activities. The company's townships include USJ Heights, East Residence, Putra Residence, Inspirasiku, Ara Damansara, PJ Midtown, KL East, and Chemara Hills among others.

Sime Darby Property Bhd Headlines

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Unraveling the Dividend Story of Sime Darby Property Bhd (SIMEF)

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