TMC Life Sciences Bhd (XKLS:0101) LT-Debt-to-Total-Asset : 0.16 (As of Mar. 2024)

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What is TMC Life Sciences 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. TMC Life Sciences Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.16.

TMC Life Sciences Bhd's long-term debt to total assets ratio declined from Mar. 2023 (0.18) to Mar. 2024 (0.16). It may suggest that TMC Life Sciences Bhd is progressively becoming less dependent on debt to grow their business.

TMC Life Sciences Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for TMC Life Sciences 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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TMC Life Sciences Bhd LT-Debt-to-Total-Asset Chart

TMC Life Sciences Bhd Annual Data

Trend

May13

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May15

May16

Aug17

Aug18

Aug19

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.16

0.18

0.17

TMC Life Sciences Bhd Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	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															0.18	0.17	0.17	0.16	0.16

TMC Life Sciences Bhd LT-Debt-to-Total-Asset Calculation

TMC Life Sciences Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	201.368	/	1176.795
	=	0.17

TMC Life Sciences 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 )
	=	188.106	/	1195.919
	=	0.16

TMC Life Sciences Bhd (XKLS:0101) 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.

TMC Life Sciences Bhd LT-Debt-to-Total-Asset Related Terms

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TMC Life Sciences Bhd (XKLS:0101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » TMC Life Sciences Bhd (XKLS:0101) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

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Address

No. 11, PJU 5, Jalan Teknologi, Level 11, Taman Sains, Kota Damansara, Petaling Jaya, SGR, MYS, 47810

Website

https://www.tmclife.com

TMC Life Sciences Bhd is an investment holding company operating a multi-disciplinary tertiary care center and fertility center in Malaysia. It operates Tropicana Medical Centre, Kota Damansara (TMCKD), a medical center located in Petaling Jaya. Its TMCKD provides healthcare services in various medical/surgical specialties and subspecialties, including anesthesiology, cancer, cardiology, colorectal, dermatology, ENT, fertility, gastroenterology, as well as offers internal medicines and respiratory medicines. Its fertility center provides a range of fertility treatments for couples. The company also operates a women's clinic; provides fertility consultancy, laboratory, and embryology services; and offers pharmacy services and products.

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