Hiap Huat Holdings Bhd (XKLS:0160) LT-Debt-to-Total-Asset : 0.60 (As of Dec. 2024)

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What is Hiap Huat 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. Hiap Huat Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.60.

Hiap Huat Holdings Bhd's long-term debt to total assets ratio increased from Dec. 2023 (0.17) to Dec. 2024 (0.60). It may suggest that Hiap Huat Holdings Bhd is progressively becoming more dependent on debt to grow their business.

Hiap Huat Holdings Bhd LT-Debt-to-Total-Asset Historical Data

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

Hiap Huat Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.15

0.20

0.17

0.60

Hiap Huat Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	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															0.17	0.34	0.32	0.31	0.60

Hiap Huat Holdings Bhd LT-Debt-to-Total-Asset Calculation

Hiap Huat Holdings Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	212.636	/	352.304
	=	0.60

Hiap Huat Holdings 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 )
	=	212.636	/	352.304
	=	0.60

Hiap Huat Holdings Bhd (XKLS:0160) 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.

Hiap Huat Holdings Bhd LT-Debt-to-Total-Asset Related Terms

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Hiap Huat Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hiap Huat Holdings Bhd (XKLS:0160) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Jalan Sungai Pinang 5/3, Lot 102521, Fasa 2, Kawasan Perindustrian Pulau Indah, Pulau Indah, SGR, MYS, 42920

Website

https://www.hiaphuat.com

Hiap Huat Holdings Bhd through its subsidiaries is engaged in manufacturing, recycling, and refining petroleum-based products. The company is involved in various industries, such as scheduled waste management, oil and gas, petrochemicals, and laboratory services. Geographically, it derives maximum revenue from Malaysia and also has a presence in Singapore, Italy, Hong Kong, and Vietnam. Its products include Fuel Oil, Base Oil, Petrochemicals, Lubricants, Grease, Paint, and Container.

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