Malaysian Genomics Resource Centre Bhd (XKLS:0155) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is Malaysian Genomics Resource Centre 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. Malaysian Genomics Resource Centre Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Malaysian Genomics Resource Centre Bhd's long-term debt to total assets ratio increased from Sep. 2022 (0.03) to Mar. 2024 (0.06). It may suggest that Malaysian Genomics Resource Centre Bhd is progressively becoming more dependent on debt to grow their business.

Malaysian Genomics Resource Centre Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Malaysian Genomics Resource Centre 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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Malaysian Genomics Resource Centre Bhd LT-Debt-to-Total-Asset Chart

Malaysian Genomics Resource Centre Bhd Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

LT-Debt-to-Total-Asset

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0.08

0.15

0.17

0.06

Malaysian Genomics Resource Centre Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.02	0.02	0.05	0.06

Malaysian Genomics Resource Centre Bhd LT-Debt-to-Total-Asset Calculation

Malaysian Genomics Resource Centre Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2021 is calculated as

LT Debt to Total Assets (A: Jun. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2021 )	/	Total Assets (A: Jun. 2021 )
	=	1.302	/	22.783
	=	0.06

Malaysian Genomics Resource Centre 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 )
	=	1.516	/	24.685
	=	0.06

Malaysian Genomics Resource Centre Bhd (XKLS:0155) 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.

Malaysian Genomics Resource Centre Bhd LT-Debt-to-Total-Asset Related Terms

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Malaysian Genomics Resource Centre Bhd (XKLS:0155) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Malaysian Genomics Resource Centre Bhd (XKLS:0155) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8F, Jalan Teknologi 3/6, Taman Sains, Petaling Jaya, SGR, MYS, 47810

Website

http://www.mgrc.com.my

Malaysian Genomics Resource Centre Bhd is a Malaysia-based company engaged in providing laboratory services. It primarily offers genome sequencing and analysis (GSA) services, genetic screening services (GSS), and pathology services. GSA services involve the sequencing and analysis of the DNA of humans, animals, plants, and microbes, to discover meaningful biological information. The company is engaged in providing GSS by developing its own range of genetic screening tests under the brand Dtect which screen human DNA for genetic markers related to diseases and health conditions. It derives the majority of its revenue from Pathology services.

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