Leform Bhd (XKLS:0266) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

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

Leform Bhd's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Mar. 2024 (0.01). It may suggest that Leform Bhd is progressively becoming less dependent on debt to grow their business.

Leform Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Leform 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.

* Premium members only.

Leform Bhd LT-Debt-to-Total-Asset Chart

Leform Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.06

0.05

0.08

0.02

Leform Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.06	0.04	0.01	-	0.01

Leform Bhd LT-Debt-to-Total-Asset Calculation

Leform 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 )
	=	6.368	/	1766.342
	=	0.00

Leform 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 )
	=	6.163	/	511.573
	=	0.01

Leform Bhd (XKLS:0266) 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.

Leform Bhd LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Leform Bhd's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Leform Bhd (XKLS:0266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Leform Bhd (XKLS:0266) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

PT 16077 & PT16078, Jalan Kesidang 4, Kawasan Perindustrian Sungai Choh, Serendah, SGR, MYS, 48200

Website

https://www.leformgroup.com.my

Leform Bhd is involved in the manufacturing of and trading in steel products. The company's product portfolio includes Round Steel Pipe, Cold Rolled Pipe, Hollow Section Pipes, Cold Drawn Pipe, and Steel Plate Slit Coil. The Group's products are used in various end-user industries including furniture, construction as well as industrial product manufacturing industries (which includes automotive parts and telecommunication tower pole part manufacturing).

Leform Bhd (XKLS:0266) Headlines

No Headlines