Widad Group Bhd (XKLS:0162) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2024)

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What is Widad 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. Widad Group Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.32.

Widad Group Bhd's long-term debt to total assets ratio declined from Dec. 2023 (0.36) to Dec. 2024 (0.32). It may suggest that Widad Group Bhd is progressively becoming less dependent on debt to grow their business.

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

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

Widad Group Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.19

0.15

0.34

0.36

0.32

Widad Group 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															0.36	0.36	0.36	0.36	0.32

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

Widad Group 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 )
	=	329.132	/	1038.198
	=	0.32

Widad 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 )
	=	329.132	/	1038.198
	=	0.32

Widad Group Bhd (XKLS:0162) 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.

Widad Group Bhd LT-Debt-to-Total-Asset Related Terms

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Widad Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Widad Group Bhd (XKLS:0162) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Semantan, Damansara Heights, WBG Penthouse, Kuala Lumpur, MYS, 50490

Website

https://www.widadgroup.com

Widad Group Bhd is a Malaysia-based investment holding company. The company is organized into three business units. Integrated facility management includes scheduled maintenance, ad-hoc maintenance, upgrading, and renovation to ensure optimum effectiveness and efficiency and cater to its customer's requirements and preferences, which also is the majority revenue generating segment. The constructions segment includes infrastructure and civil works such as the construction of low and high-rise buildings for a variety of uses, and sewerage treatment plants. The concession segment comprises operations related to the construction and maintenance of facilities and infrastructure.

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