Alcom Group Bhd (XKLS:2674) LT-Debt-to-Total-Asset : 0.14 (As of Jun. 2024)

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What is Alcom Group 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. Alcom Group Bhd's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.14.

Alcom Group Bhd's long-term debt to total assets ratio increased from Jun. 2023 (0.07) to Jun. 2024 (0.14). It may suggest that Alcom Group Bhd is progressively becoming more dependent on debt to grow their business.

Alcom Group Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alcom Group 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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Alcom Group Bhd LT-Debt-to-Total-Asset Chart

Alcom Group Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.39

0.35

0.26

0.08

0.07

Alcom Group Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.07	0.05	0.14

Alcom Group Bhd LT-Debt-to-Total-Asset Calculation

Alcom Group 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 )
	=	32.693	/	470.046
	=	0.07

Alcom Group Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	81.947	/	596.676
	=	0.14

Alcom Group Bhd (XKLS:2674) 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.

Alcom Group Bhd LT-Debt-to-Total-Asset Related Terms

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Alcom Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcom Group Bhd (XKLS:2674) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 3, Persiaran Waja, Bukit Raja Industrial Estate, Klang, MYS, 41050

Website

https://www.alcom.com.my

Alcom Group Bhd along with its subsidiaries, the company has four operating segments: Manufacturing; Property development; Construction; and Investment holding. It derives a majority of revenue from the Manufacturing segment which involves the manufacturing and trading of aluminum products such as Specialty products, Roofing products, and Foil products. Geographically, the group has a business presence in Malaysia, Thailand, India, Asia (excludes Malaysia, Thailand, and India), United States of America, the Middle East, and others, of which key revenue is generated from Malaysia.

Alcom Group Bhd Headlines

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