Metro Healthcare Bhd (XKLS:03005) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2023)

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What is Metro Healthcare 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. Metro Healthcare Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.27.

Metro Healthcare Bhd's long-term debt to total assets ratio increased from Dec. 2022 (0.18) to Dec. 2023 (0.27). It may suggest that Metro Healthcare Bhd is progressively becoming more dependent on debt to grow their business.

Metro Healthcare Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Metro Healthcare 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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Metro Healthcare Bhd LT-Debt-to-Total-Asset Chart

Metro Healthcare Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.32

0.28

0.21

0.18

0.27

Metro Healthcare Bhd Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.21	0.22	0.18	0.28	0.27

Metro Healthcare Bhd LT-Debt-to-Total-Asset Calculation

Metro Healthcare 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 )
	=	15.982	/	59.778
	=	0.27

Metro Healthcare 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 )
	=	15.982	/	59.778
	=	0.27

Metro Healthcare Bhd (XKLS:03005) 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.

Metro Healthcare Bhd LT-Debt-to-Total-Asset Related Terms

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Metro Healthcare Bhd (XKLS:03005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Metro Healthcare Bhd (XKLS:03005) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 36, Jalan Pasar, Klang, Selangor Darul Ehsan, MYS, 41400

Website

http://www.metro.com.my

Metro Healthcare Bhd is engaged in the provision of women healthcare services. The company offers various services such as obstetrics, gynecology impatient services, and diagnostic medical imaging services. It also provides semen analysis, intracytoplasmic sperm injection, blastocyst culture, assisted hatching, frozen embryo transfer, preimplantation genetic screening, and infertility consultation services. The company serves patients in Malaysia.

Metro Healthcare Bhd (XKLS:03005) Headlines

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