Selangor Dredging Bhd (XKLS:2224) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is Selangor Dredging 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. Selangor Dredging Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Selangor Dredging Bhd's long-term debt to total assets ratio declined from Dec. 2023 (0.14) to Dec. 2024 (0.08). It may suggest that Selangor Dredging Bhd is progressively becoming less dependent on debt to grow their business.

Selangor Dredging Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Selangor Dredging 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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Selangor Dredging Bhd LT-Debt-to-Total-Asset Chart

Selangor Dredging Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.10

0.12

0.09

0.08

0.04

Selangor Dredging 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															0.14	0.04	0.08	0.09	0.08

Selangor Dredging Bhd LT-Debt-to-Total-Asset Calculation

Selangor Dredging Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	53.894	/	1452.729
	=	0.04

Selangor Dredging 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 )
	=	117.976	/	1508.733
	=	0.08

Selangor Dredging Bhd (XKLS:2224) 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.

Selangor Dredging Bhd LT-Debt-to-Total-Asset Related Terms

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Selangor Dredging Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Selangor Dredging Bhd (XKLS:2224) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

142-C, Jalan Ampang, 18th Floor, West Block, Wisma Golden Eagle Realty, Kuala Lumpur, SGR, MYS, 50450

Website

https://www.sdb.com.my

Selangor Dredging Bhd is an investment holding company with its subsidiary engaged in the provision of management services, investment holding, property leasing, property development, hotel operation, property support, and management services, trading and installation of energy-efficient products, and property investment. Its operating segments are Property investment, Hotel operations, Investment holding, Property Development, and Others. The majority of the revenue is derived from the Property development business segment which relates to the development of property activities. It generates the majority of its revenues from Malaysia and also has its presence in Singapore.

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