PT Resources Holdings Bhd (XKLS:0260) LT-Debt-to-Total-Asset : 0.04 (As of Apr. 2024)

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What is PT Resources 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. PT Resources Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.04.

PT Resources Holdings Bhd's long-term debt to total assets ratio declined from Apr. 2023 (0.05) to Apr. 2024 (0.04). It may suggest that PT Resources Holdings Bhd is progressively becoming less dependent on debt to grow their business.

PT Resources Holdings Bhd LT-Debt-to-Total-Asset Historical Data

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

PT Resources Holdings Bhd Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

LT-Debt-to-Total-Asset

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0.17

0.14

0.10

0.05

0.04

PT Resources Holdings Bhd Quarterly Data
	Apr19	Apr20	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.05	0.05	0.04	0.04	0.04

PT Resources Holdings Bhd LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )	/	Total Assets (A: Apr. 2024 )
	=	12.937	/	350.11
	=	0.04

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

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	12.937	/	350.11
	=	0.04

PT Resources Holdings Bhd (XKLS:0260) 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.

PT Resources Holdings Bhd LT-Debt-to-Total-Asset Related Terms

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PT Resources Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Resources Holdings Bhd (XKLS:0260) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pengaturcara U1/51A, Unit K3-5-12, Tower 3, UOA Business Park, Section U1 Kawasan Perindustrian Temasya, Darul Eh, Shah Alam, SGR, MYS, 40150

Website

https://www.ptresourcesgroup.com.my

PT Resources Holdings Bhd is principally involved in the processing and trading of frozen seafood products as well as retail trading of meat and non-meat products. It operates in two segments namely processing and trading of frozen seafood products which generates maximum revenue for the company and another segment is Trading of other products.

PT Resources Holdings Bhd Headlines

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