Tasek Bhd (XKLS:4448P.PFD) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2020)

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What is Tasek 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. Tasek Bhd's long-term debt to total assests ratio for the quarter that ended in Jun. 2020 was 0.00.

Tasek Bhd's long-term debt to total assets ratio declined from Jun. 2019 (0.01) to Jun. 2020 (0.00). It may suggest that Tasek Bhd is progressively becoming less dependent on debt to grow their business.

Tasek Bhd LT-Debt-to-Total-Asset Historical Data

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

Tasek Bhd Annual Data

Trend

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LT-Debt-to-Total-Asset

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Tasek Bhd Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	-	-	-

Tasek Bhd LT-Debt-to-Total-Asset Calculation

Tasek Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	1.989	/	645.249
	=	0.00

Tasek Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

LT Debt to Total Assets (Q: Jun. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2020 )	/	Total Assets (Q: Jun. 2020 )
	=	2.742	/	636.461
	=	0.00

Tasek Bhd (XKLS:4448P.PFD) 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.

Tasek Bhd LT-Debt-to-Total-Asset Related Terms

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Tasek Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tasek Corp Bhd (XKLS:4448P.PFD) » Definitions » LT-Debt-to-Total-Asset

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Address

160, Jalan Bukit Bintang, 6th Floor, Office Block, Grand Millennium Kuala Lumpur, Kuala Lumpur, MYS, 55100

Website

http://www.tasekcement.com

Tasek Corp Bhd is engaged in the production and sale of cement and related products. The company is organized into two main business segments: Cement and Ready Mix Concrete segment. The cement segment which derives majority revenue engages in cement manufacturing and sales of cement business. The ready mix concrete segment is in the supply of ready-mixed concrete business. The company's products include Ordinary Portland Cement, Masonry Cement, and Clinker. The company's largest end market by revenue in Malaysia.

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