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Lim Seong Hai Capital Bhd (XKLS:0351) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)


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What is Lim Seong Hai Capital 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. Lim Seong Hai Capital Bhd's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Lim Seong Hai Capital Bhd's long-term debt to total assets ratio declined from Sep. 2023 (0.02) to Sep. 2024 (0.02). It may suggest that Lim Seong Hai Capital Bhd is progressively becoming less dependent on debt to grow their business.


Lim Seong Hai Capital Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lim Seong Hai Capital 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.

Lim Seong Hai Capital Bhd LT-Debt-to-Total-Asset Chart

Lim Seong Hai Capital Bhd Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.03 0.05 0.02 0.02 0.02

Lim Seong Hai Capital Bhd Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.02 0.02 0.02

Lim Seong Hai Capital Bhd LT-Debt-to-Total-Asset Calculation

Lim Seong Hai Capital Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )/Total Assets (A: Sep. 2024 )
=10.346/641.883
=0.02

Lim Seong Hai Capital Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=10.346/641.883
=0.02

* 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.


Lim Seong Hai Capital Bhd  (XKLS:0351) 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.


Lim Seong Hai Capital Bhd LT-Debt-to-Total-Asset Related Terms

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Lim Seong Hai Capital Bhd Business Description

Traded in Other Exchanges
N/A
Address
33 Jalan Gombak, Wisma Lim Seong Hai, Kuala Lumpur, MYS, 53000
Lim Seong Hai Capital Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the following reportable segments; distribution and retail of building materials, lighting products, and related mechanical and electrical products and services; wholesale and retail of hardware and tools, and rental of machinery; investment holding; business of construction; provision of construction and business-related services and solutions; and property development. Maximum revenue for the company is generated from its construction business segment, engaging in construction and engineering works, providing construction-related services and solutions, as well as supplying construction products.

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