LYC Healthcare Bhd (XKLS:0075) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2023)

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What is LYC Healthcare 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. LYC Healthcare Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.39.

LYC Healthcare Bhd's long-term debt to total assets ratio declined from Dec. 2022 (0.45) to Dec. 2023 (0.39). It may suggest that LYC Healthcare Bhd is progressively becoming less dependent on debt to grow their business.

LYC Healthcare Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for LYC Healthcare 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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LYC Healthcare Bhd LT-Debt-to-Total-Asset Chart

LYC Healthcare Bhd Annual Data

Trend

Dec14

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Dec16

Mar17

Mar18

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Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.33

0.46

0.29

0.19

0.18

LYC Healthcare 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															0.45	0.18	0.45	0.43	0.39

LYC Healthcare Bhd LT-Debt-to-Total-Asset Calculation

LYC Healthcare 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 )
	=	39.548	/	215.736
	=	0.18

LYC Healthcare 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 )
	=	85.246	/	220.952
	=	0.39

LYC Healthcare Bhd (XKLS:0075) 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.

LYC Healthcare Bhd LT-Debt-to-Total-Asset Related Terms

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LYC Healthcare Bhd (XKLS:0075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LYC Healthcare Bhd (XKLS:0075) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 1, Jalan Tun Mohd Fuad, 2nd and 3rd Floor, Podium Block, Plaza VADS, Taman Tun Dr. Ismail, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.lychealth.com

LYC Healthcare Bhd is an investment holding company. The company's operating segment includes Healthcare Services; Computing and Electronic Services and Others. It generates maximum revenue from the Healthcare Services segment. The Healthcare Services segment involves the provision of mother and childcare-related services such as postnatal and postpartum care, post-delivery confinement care, and aesthetics, provision of senior nursing home care and related services, provision of healthcare-related services, provision of cosmetics-related services and medical aesthetic treatment and provision of child daycare services.

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