Ecomate Holdings Bhd (XKLS:0239) LT-Debt-to-Total-Asset : 0.14 (As of Nov. 2024)

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What is Ecomate 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. Ecomate Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.14.

Ecomate Holdings Bhd's long-term debt to total assets ratio increased from Nov. 2023 (0.11) to Nov. 2024 (0.14). It may suggest that Ecomate Holdings Bhd is progressively becoming more dependent on debt to grow their business.

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

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

Ecomate Holdings Bhd Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.23

0.25

0.15

0.14

0.12

Ecomate Holdings Bhd Quarterly Data
	Feb19	Feb20	May20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.11	0.12	0.11	0.10	0.14

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

Ecomate 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 )
	=	8.027	/	68.612
	=	0.12

Ecomate 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 )
	=	9.26	/	65.158
	=	0.14

Ecomate Holdings Bhd (XKLS:0239) 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.

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

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Ecomate Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ecomate Holdings Bhd (XKLS:0239) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasan Perindustrian Bakri Batu 7 ½, Lot PTD 7274, Jalan Bakri, Muar, JHR, MYS, 84200

Website

https://www.ecomate.com.my

Ecomate Holdings Bhd is an investment holding company. Through its subsidiary, the company is principally engaged in the production of ready-to-assemble furniture products, where it undertakes design and development, production as well as marketing and sales of living room furniture, bedroom furniture as well as other types of furniture. The company has a single operating segment namely the furniture industry.

Ecomate Holdings Bhd Headlines

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