Bioalpha Holdings Bhd (XKLS:0179) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Bioalpha 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. Bioalpha Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Bioalpha Holdings Bhd's long-term debt to total assets ratio declined from Sep. 2023 (0.03) to Sep. 2024 (0.02). It may suggest that Bioalpha Holdings Bhd is progressively becoming less dependent on debt to grow their business.

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

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

Bioalpha Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.04

Bioalpha Holdings Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.04	0.02	0.02	0.02

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

Bioalpha Holdings Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	6.351	/	163.226
	=	0.04

Bioalpha Holdings Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	3.547	/	160.029
	=	0.02

Bioalpha Holdings Bhd (XKLS:0179) 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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Bioalpha Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bioalpha Holdings Bhd (XKLS:0179) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

No. 1, Jalan Perindustrian Suntrack, Hub Perindustrian Suntrack, Bandar Baru Bangi, Off Jalan P1A, Seksyen 13, Kajang, SGR, MYS, 43000

Website

https://www.bioa.com.my

Bioalpha Holdings Bhd is a health supplement company principally involved in agricultural, research and developments, manufacturing, and sale of food and health supplement products. Its health supplement product comprises processed herbs, formulated ingredients, functional foods as well as herbal and non-herbal supplements. The business operates in segments that include Trading and Manufacturing, Retails pharmacy, and Others. The organization exports its product to Indonesia and China.

Bioalpha Holdings Bhd Headlines

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