SMRT Holdings Bhd (XKLS:0117) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

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What is SMRT 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. SMRT Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

SMRT Holdings Bhd's long-term debt to total assets ratio declined from Sep. 2022 (0.31) to Mar. 2024 (0.12). It may suggest that SMRT Holdings Bhd is progressively becoming less dependent on debt to grow their business.

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

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

SMRT Holdings Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.27

0.06

0.07

0.40

0.34

SMRT Holdings Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.32	0.16	0.13	0.12

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

SMRT Holdings Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	168.351	/	499.809
	=	0.34

SMRT Holdings 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 )
	=	9.996	/	81.058
	=	0.12

SMRT Holdings Bhd (XKLS:0117) 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.

SMRT Holdings Bhd LT-Debt-to-Total-Asset Related Terms

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SMRT Holdings Bhd (XKLS:0117) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » SMRT Holdings Bhd (XKLS:0117) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

University of Cyberjaya Campus, Level 8, Tower Block, Persiaran Bestari, Cyber 11, Cyberjaya, SGR, MYS, 63000

Website

https://www.smrt.holdings

SMRT Holdings Bhd is a Malaysian company that is principally engaged in investment holding. The operating segments of the company are Education & Training, and Technology. The Education and training segment of operating educational institutions and provisions educational management services, human resources or human resources development training, consulting, outsourcing, events, learning resources, and advisory support services.; and Technology segment provides software consultancy and development and its related services. The Education & training segment generates maximum revenue for the company. The company operates solely in Malaysia.

SMRT Holdings Bhd (XKLS:0117) Headlines

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