Vitrox Bhd (XKLS:0097) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Vitrox 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. Vitrox Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Vitrox Bhd's long-term debt to total assets ratio declined from Mar. 2023 (0.05) to Mar. 2024 (0.04). It may suggest that Vitrox Bhd is progressively becoming less dependent on debt to grow their business.

Vitrox Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vitrox 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.

* Premium members only.

Vitrox Bhd LT-Debt-to-Total-Asset Chart

Vitrox Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.04

0.03

0.05

0.04

Vitrox Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.05	0.05	0.04	0.04

Vitrox Bhd LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	49.165	/	1166.419
	=	0.04

Vitrox Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	47.193	/	1167.275
	=	0.04

Vitrox Bhd (XKLS:0097) 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.

Vitrox Bhd LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Vitrox Bhd's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Vitrox Bhd (XKLS:0097) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vitrox Corp Bhd (XKLS:0097) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

746, Persiaran Cassia Selatan 3, Batu Kawan Industrial Park, Bandar Cassia, MYS, 14110

Website

https://www.vitrox.com

Vitrox Corp Bhd is an investment holding company. It develops a vision inspection system and printed circuit board assemblies for microprocessor applications. A major part of its revenue is generated from the company's Malaysia region. Its products include Vision Inspection System; Tray-based Vision Handler; Advanced 3D Solder Paste Inspection System (SPI); Advanced 3D Optical Inspection System (AOI); Advanced 3D X-ray Inspection System (AXI); Electronic Communication System and V-ONE.

Vitrox Bhd (XKLS:0097) Headlines

No Headlines