Radiant Globaltech Bhd (XKLS:0202) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Radiant Globaltech 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. Radiant Globaltech Bhd's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Radiant Globaltech Bhd's long-term debt to total assets ratio declined from Sep. 2023 (0.01) to Sep. 2024 (0.01). It may suggest that Radiant Globaltech Bhd is progressively becoming less dependent on debt to grow their business.

Radiant Globaltech Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Radiant Globaltech 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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Radiant Globaltech Bhd LT-Debt-to-Total-Asset Chart

Radiant Globaltech Bhd Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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0.01

Radiant Globaltech 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															0.01	0.01	0.01	0.01	0.01

Radiant Globaltech Bhd LT-Debt-to-Total-Asset Calculation

Radiant Globaltech 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 )
	=	1.157	/	111.086
	=	0.01

Radiant Globaltech 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 )
	=	0.849	/	104.457
	=	0.01

Radiant Globaltech Bhd (XKLS:0202) 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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Radiant Globaltech Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Radiant Globaltech Bhd (XKLS:0202) » Definitions » LT-Debt-to-Total-Asset

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Address

No. 8, Jalan Kerinchi, Vertical Business Suite, Bangsar South, Avenue 3, Unit 03-06 and 03-07, Level 3, Tower B, Kuala Lumpur, MYS, 59200

Website

https://www.rgtech.com.my

Radiant Globaltech Bhd is a Company is principally engaged in the provision of retail technology software solutions and investment holding. It also offers a full range of retail technology solutions to its customers. The operating segments of the company are Hardware and Maintenance which is involved in the marketing, sale and installation of hardware for the retail industry and provide ongoing maintenance for the hardware and software products and solutions, and Software which is involved in design, development, marketing, sales, and enhancement, customizationx` and implementation of third party software and in-house software. The group derives prime revenue from Malaysia.

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