AGX Group Bhd (XKLS:0299) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is AGX 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. AGX Group Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

AGX Group Bhd's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.13). It may suggest that AGX Group Bhd is progressively becoming more dependent on debt to grow their business.

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

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

AGX Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.06

0.08

0.04

0.13

AGX Group Bhd Quarterly Data
	Dec20	Dec21	Dec22	Aug23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				-	0.08	0.10	0.15	0.13

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

AGX Group Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	19.711	/	151.39
	=	0.13

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	19.711	/	151.39
	=	0.13

AGX Group Bhd (XKLS:0299) 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.

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AGX Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AGX Group Bhd (XKLS:0299) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan USJ 10/1A, Unit 1A-C and Unit 2A-C, 2nd Floor, Pusat Perniagaan USJ 10, UEP Subang Jaya, SGR, MYS, 47610

Website

https://www.agxlogistics.com

AGX Group Bhd is a logistics service provider. It is a 3PL service provider that comprises sea and air freight forwarding, aerospace logistics, warehousing and other 3PL, and road freight transportation services. It also provides services to assist senders or receivers in transporting their goods from the point of origin to their final destinations and has services in all the countries and has a physical presence, namely Malaysia, the Philippines, Korea, Myanmar, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for its customers, starting from the point of origin and ending when the freight is delivered to its final destination. Sea and air freight forwarding services generate maximum revenue for the company.

AGX Group Bhd Headlines

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