STBXF (Starbox Group Holdings) LT-Debt-to-Total-Asset: 0.02 (As of Sep. 2024)


What is Starbox Group Holdings LT-Debt-to-Total-Asset?

Starbox Group Holdings STBXF LT-Debt-to-Total-Asset is 0.02 as of Sep. 2024.

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. Starbox Group Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Starbox Group Holdings's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.02). It may suggest that Starbox Group Holdings is progressively becoming more dependent on debt to grow their business.

Starbox Group Holdings  (OTCPK:STBXF) 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.

Starbox Group Holdings LT-Debt-to-Total-Asset Related Terms

Starbox Group Holdings LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Starbox Group 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.

Starbox Group Holdings LT-Debt-to-Total-Asset Chart

Starbox Group Holdings Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
LT-Debt-to-Total-Asset
0.00 0.06 0.00 0.01 0.02

Starbox Group Holdings Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.01 0.02 0.02

Starbox Group Holdings LT-Debt-to-Total-Asset Calculation

Starbox Group Holdings'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 )
=2.388/120.944
=0.02

Starbox Group Holdings'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 )
=2.388/120.944
=0.02

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.02 mean?
Starbox Group Holdings (STBXF) has a LT-Debt-to-Total-Asset of 0.02 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Starbox Group Holdings and its competitors.
Is Starbox Group Holdings' LT-Debt-to-Total-Asset too high?
Starbox Group Holdings' current LT-Debt-to-Total-Asset is 0.02.
How does Starbox Group Holdings' LT-Debt-to-Total-Asset compare to QTTOY and GOOGL?
Starbox Group Holdings' LT-Debt-to-Total-Asset of 0.02 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Interactive Media company?
A good LT-Debt-to-Total-Asset depends on the Interactive Media industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Starbox Group Holdings and its competitors. Starbox Group Holdings's current LT-Debt-to-Total-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starbox Group Holdings stock overvalued right now?
Starbox Group Holdings (STBXF) has a current LT-Debt-to-Total-Asset of 0.02. The current LT-Debt-to-Total-Asset is 0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Starbox Group Holdings (STBXF), the current LT-Debt-to-Total-Asset is 0.02 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Starbox Group Holdings Business Description

Address VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, Kuala Lumpur, SGR, MYS, 55100
Starbox Group Holdings Ltd engages in developing cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises. Through the firm's subsidiaries in Malaysia, it connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants, provide digital advertising services to advertisers, and provide payment solution services to merchants. Substantially all of its current operations are located in Malaysia. Its operating segments include software licensing, which derives maximum income from software development services, advertising services, cash rebate, and payment solution and media booking services, advertisement production income, and promotional campaign services.