Cabnet Holdings Bhd (XKLS:0191) LT-Debt-to-Total-Asset : 0.03 (As of Nov. 2024)

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What is Cabnet 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. Cabnet Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.03.

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

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

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

Cabnet Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Feb24

LT-Debt-to-Total-Asset

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0.04

0.07

0.09

0.06

0.03

Cabnet Holdings Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.03

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

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

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	4.457	/	133.63
	=	0.03

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

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	3.933	/	123.347
	=	0.03

Cabnet Holdings Bhd (XKLS:0191) 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.

Cabnet Holdings Bhd LT-Debt-to-Total-Asset Related Terms

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Cabnet Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cabnet Holdings Bhd (XKLS:0191) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 18 (PLO 184) Jalan Angkasa Mas 6, Kawasan Perindustrian Tebrau II, Johor Bahru, MYS, 81100

Website

https://www.cabnet.asia

Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. ELV Systems includes an Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.

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