Lambo Group Bhd (XKLS:0018) LT-Debt-to-Total-Asset : 0.06 (As of Jun. 2024)

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What is Lambo Group 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. Lambo Group Bhd's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.06.

Lambo Group Bhd's long-term debt to total assets ratio increased from Jun. 2023 (0.05) to Jun. 2024 (0.06). It may suggest that Lambo Group Bhd is progressively becoming more dependent on debt to grow their business.

Lambo Group Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lambo Group 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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Lambo Group Bhd LT-Debt-to-Total-Asset Chart

Lambo Group Bhd Annual Data

Trend

Jun11

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Sep23

LT-Debt-to-Total-Asset

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0.05

Lambo Group Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Mar20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.05	0.05	0.06	0.06

Lambo Group Bhd LT-Debt-to-Total-Asset Calculation

Lambo Group Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	8.543	/	177.138
	=	0.05

Lambo Group Bhd'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 )
	=	10.776	/	172.377
	=	0.06

Lambo Group Bhd (XKLS:0018) 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.

Lambo Group Bhd LT-Debt-to-Total-Asset Related Terms

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Lambo Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lambo Group Bhd (XKLS:0018) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 8, Persiaran Tropicana, Lot 11.1, 11th Floor, Menara Lien Hoe, Petaling Jaya, SGR, MYS, 47410

Website

http://www.lambogroup.my

Lambo Group Bhd is a Malaysia-based company. Its segments are IT consultancy and E-commerce services, Logistic services, and Wholesale of shoe products. The IT consultancy and E-commerce service segment includes IT services to SMEs and Business to Customer platform e-commerce businesses. The Logistic services segment includes Provision for logistics and delivery of goods from transportation hubs to the final delivery destination. The Wholesale of shoe products segment includes the Provision of wholesale products and Business to Business platform.

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