Hong Leong Industries Bhd (XKLS:3301) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is Hong Leong Industries 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. Hong Leong Industries Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Hong Leong Industries Bhd's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.02). It may suggest that Hong Leong Industries Bhd is progressively becoming more dependent on debt to grow their business.

Hong Leong Industries Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hong Leong Industries 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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Hong Leong Industries Bhd LT-Debt-to-Total-Asset Chart

Hong Leong Industries Bhd Annual Data

Trend

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Jun24

LT-Debt-to-Total-Asset

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0.01

Hong Leong Industries 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															-	-	-	0.01	0.02

Hong Leong Industries Bhd LT-Debt-to-Total-Asset Calculation

Hong Leong Industries 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 )
	=	2.374	/	2807.309
	=	0.00

Hong Leong Industries 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 )
	=	67.509	/	3048.375
	=	0.02

Hong Leong Industries Bhd (XKLS:3301) 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.

Hong Leong Industries Bhd LT-Debt-to-Total-Asset Related Terms

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Hong Leong Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hong Leong Industries Bhd (XKLS:3301) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 6, Jalan Damanlela, Level 31, Menara Hong Leong, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490

Website

https://www.hli.com.my

Hong Leong Industries Bhd is a Malaysia-based investment holding company. Its only operating segment is Consumer products. Consumer products segment manufacture and sale of consumer products comprises motorcycles, spare parts and ceramic tiles. Geographically, it derives a majority of its revenue from Malaysia.

Hong Leong Industries Bhd Headlines

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