IDB Technologies Bhd (XKLS:03030) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is IDB Technologies 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. IDB Technologies Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

IDB Technologies Bhd's long-term debt to total assets ratio declined from Dec. 2023 (0.04) to Dec. 2024 (0.03). It may suggest that IDB Technologies Bhd is progressively becoming less dependent on debt to grow their business.

IDB Technologies Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for IDB Technologies 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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IDB Technologies Bhd LT-Debt-to-Total-Asset Chart

IDB Technologies Bhd Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.01

0.07

0.06

0.04

IDB Technologies Bhd Semi-Annual Data
	Jun17	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.06	0.06	0.04	0.04	0.03

IDB Technologies Bhd LT-Debt-to-Total-Asset Calculation

IDB Technologies Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	0.292	/	7.449
	=	0.04

IDB Technologies 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 )
	=	0.249	/	9.337
	=	0.03

IDB Technologies Bhd (XKLS:03030) 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.

IDB Technologies Bhd LT-Debt-to-Total-Asset Related Terms

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IDB Technologies Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IDB Technologies Bhd (XKLS:03030) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Teknokrat 2/1, Cyber 4, C5-3, Radius Business Park, Cyberjaya, Kuala Lumpur, SGR, MYS, 63000

Website

https://www.idb.com.my

IDB Technologies Bhd is a PMS solution provider. Its PMS solutions comprise of proprietary software, hardware as well as other services and solutions. The PMS solutions facilitate the management of hotel and accommodation operations and functions and, its customers are hotels and accommodations. It operates in one business segment being development and trading of software in Malaysia. Geographically, the company derives a majority of its revenue from Malaysia followed by Cambodia, Singapore, Indonesia, and Vietnam.

IDB Technologies Bhd Headlines

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