MMM Group Bhd (XKLS:0159) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2024)

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What is MMM Group 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. MMM Group Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.16.

MMM Group Bhd's long-term debt to total assets ratio increased from Dec. 2023 (0.02) to Dec. 2024 (0.16). It may suggest that MMM Group Bhd is progressively becoming more dependent on debt to grow their business.

MMM Group Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for MMM Group 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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MMM Group Bhd LT-Debt-to-Total-Asset Chart

MMM Group Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.05

0.02

MMM Group Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.01	0.17	0.16

MMM Group Bhd LT-Debt-to-Total-Asset Calculation

MMM Group Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	0.35	/	17.877
	=	0.02

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	3.168	/	19.889
	=	0.16

MMM Group Bhd (XKLS:0159) 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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MMM Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MMM Group Bhd (XKLS:0159) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Unit 15-2, Level 15, Menara Choy Fook On, 1B, Jalan Yong Shook Lin, Seksyen 7, Petaling Jaya, SGR, MYS, 46050

Website

https://mmmgroup.com.my

MMM Group Bhd is a prominent Malaysian investment holding company specializing in strategically deploying Digital Out-of-Home (DOOH) advertising solutions. Its services include Digital Out-of-Home Advertising, and Lift-Up Lift Projector Advertising.

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