Karyon Industries Bhd (XKLS:0054) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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What is Karyon Industries 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. Karyon Industries Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Karyon Industries Bhd's long-term debt to total assets ratio declined from Dec. 2022 (0.04) to Dec. 2023 (0.03). It may suggest that Karyon Industries Bhd is progressively becoming less dependent on debt to grow their business.

Karyon Industries Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Karyon Industries 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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Karyon Industries Bhd LT-Debt-to-Total-Asset Chart

Karyon Industries Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.07

0.06

0.05

0.04

Karyon Industries Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.04	0.03	0.03

Karyon Industries Bhd LT-Debt-to-Total-Asset Calculation

Karyon Industries Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	5.18	/	142.782
	=	0.04

Karyon Industries Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	4.598	/	143.834
	=	0.03

Karyon Industries Bhd (XKLS:0054) 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.

Karyon Industries Bhd LT-Debt-to-Total-Asset Related Terms

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Karyon Industries Bhd (XKLS:0054) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Karyon Industries Bhd (XKLS:0054) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Sri Plentong 6, Taman Perindustrian Sri Plentong, Masai, Johor Darul Takzim, JHR, MYS, 81750

Website

https://www.karyongroup.com.my

Karyon Industries Bhd is a Malaysian company engaged in the business of manufacturing polymeric products. The segments of the company include the Investment holding division; and Manufacturing of polymeric products that involve the manufacturing and trading of Polyvinyl Chloride (PVC) compound, plastic additives, and industrial chemical products. The company derives the majority of its revenue through its manufacturing of polymeric products segment from Malaysia.

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