Daythree Digital Bhd (XKLS:0281) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)

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What is Daythree Digital 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. Daythree Digital Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

Daythree Digital Bhd's long-term debt to total assets ratio declined from Dec. 2021 (0.17) to Dec. 2023 (0.14). It may suggest that Daythree Digital Bhd is progressively becoming less dependent on debt to grow their business.

Daythree Digital Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Daythree Digital 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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Daythree Digital Bhd LT-Debt-to-Total-Asset Chart

Daythree Digital Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.21

0.17

0.15

0.14

Daythree Digital Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	0.21	0.21	0.17	0.15	0.14

Daythree Digital Bhd LT-Debt-to-Total-Asset Calculation

Daythree Digital 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 )
	=	12.504	/	87.767
	=	0.14

Daythree Digital Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	12.504	/	87.767
	=	0.14

Daythree Digital Bhd (XKLS:0281) 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.

Daythree Digital Bhd LT-Debt-to-Total-Asset Related Terms

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Daythree Digital Bhd (XKLS:0281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Daythree Digital Bhd (XKLS:0281) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pengaturcara U1/51A, Level 8, Tower 7, UOA Business Park 1, Seksyen U1, Shah Alam, SGR, MYS, 40150

Website

https://www.daythree.co

Daythree Digital Bhd is principally an investment holding company. Through its subsidiaries, it is a GBS service provider focusing on CX lifecycle management services enabled by in-house developed digital tools. Its services involve the setting up of contact centers to facilitate communications between its Clients and their Customers. These include the acquisition of Customers (where the Client establishes contact with a new Customer with the hope of converting from a prospect into a paying Customer) to after-sales customer support and care services such as responding to inquiries and technical support.

Daythree Digital Bhd (XKLS:0281) Headlines

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