Eduspec Holdings Bhd (XKLS:0107) LT-Debt-to-Total-Asset : 0.07 (As of Nov. 2023)

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What is Eduspec Holdings 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. Eduspec Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Nov. 2023 was 0.07.

Eduspec Holdings Bhd's long-term debt to total assets ratio declined from Nov. 2022 (0.09) to Nov. 2023 (0.07). It may suggest that Eduspec Holdings Bhd is progressively becoming less dependent on debt to grow their business.

Eduspec Holdings Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eduspec Holdings 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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Eduspec Holdings Bhd LT-Debt-to-Total-Asset Chart

Eduspec Holdings Bhd Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Feb20

Feb21

Feb22

Feb23

LT-Debt-to-Total-Asset

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0.06

0.23

0.22

0.10

0.09

Eduspec Holdings Bhd Quarterly Data
	Dec18	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.08	0.07	0.07

Eduspec Holdings Bhd LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Feb. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2023 )	/	Total Assets (A: Feb. 2023 )
	=	8.494	/	100.376
	=	0.08

Eduspec Holdings Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (Q: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2023 )	/	Total Assets (Q: Nov. 2023 )
	=	7.314	/	105.748
	=	0.07

Eduspec Holdings Bhd (XKLS:0107) 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.

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Eduspec Holdings Bhd (XKLS:0107) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Eduspec Holdings Bhd (XKLS:0107) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Jalan 15/22, Tiong Nam Industrial Park, Section 15, Darul Ehsan, Shah Alam, SGR, MYS, 40200

Website

https://www.eduspec.com.my

Eduspec Holdings Bhd provides consultancy, building teaching capacity, and deploying information technology systems in schools. It also offers online and learning education programs.

Eduspec Holdings Bhd (XKLS:0107) Headlines

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