Ramssol Group Bhd (XKLS:0236) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Ramssol 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. Ramssol Group Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Ramssol Group Bhd's long-term debt to total assets ratio declined from Mar. 2023 (0.08) to Mar. 2024 (0.08). It may suggest that Ramssol Group Bhd is progressively becoming less dependent on debt to grow their business.

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

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

Ramssol Group Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.10

0.05

0.09

0.05

Ramssol Group Bhd Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.08	0.07	0.06	0.05	0.08

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

Ramssol Group 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 )
	=	4.84	/	100.833
	=	0.05

Ramssol Group Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	8.64	/	112.276
	=	0.08

Ramssol Group Bhd (XKLS:0236) 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.

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

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Ramssol Group Bhd (XKLS:0236) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ramssol Group Bhd (XKLS:0236) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Persiaran Multimedia, Cyber 10, B-04-05, Tamarind Square, Selangor Darul Ehsan, Cyberjaya, SGR, MYS, 63000

Website

https://www.ramssolgroup.com

Ramssol Group Bhd is principally involved in the business of software development and advisory business.

Ramssol Group Bhd (XKLS:0236) Headlines

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