DRB-Hicom Bhd (XKLS:1619) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

View and export this data going back to 1992. Start your Free Trial

What is DRB-Hicom 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. DRB-Hicom Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

DRB-Hicom Bhd's long-term debt to total assets ratio increased from Dec. 2023 (0.10) to Dec. 2024 (0.10). It may suggest that DRB-Hicom Bhd is progressively becoming more dependent on debt to grow their business.

DRB-Hicom Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for DRB-Hicom 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.

DRB-Hicom Bhd LT-Debt-to-Total-Asset Chart

DRB-Hicom Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.11

0.12

0.10

DRB-Hicom Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.10	0.11	0.11	0.10

DRB-Hicom Bhd LT-Debt-to-Total-Asset Calculation

DRB-Hicom 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 )
	=	6430.205	/	62263.898
	=	0.10

DRB-Hicom 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 )
	=	6430.205	/	62263.898
	=	0.10

DRB-Hicom Bhd (XKLS:1619) 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.

DRB-Hicom Bhd LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of DRB-Hicom Bhd's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

DRB-Hicom Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » DRB-Hicom Bhd (XKLS:1619) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Usahawan U1/8, Level 5, Wisma DRB-HICOM, Seksyen U1, Shah Alam, SGR, MYS, 40150

Website

https://www.drb-hicom.com

DRB-Hicom Bhd is an investment holding company. The company's segment includes Automotive; Aerospace and Defence; Postal; Banking; Services and Properties. It generates maximum revenue from the Automotive segment. Automotive segment includes the production and distribution of passenger vehicles, motorcycles, commercial and special-purpose vehicles, military vehicles, and related parts and services.

DRB-Hicom Bhd Headlines

No Headlines