Nestle Malaysia Bhd (XKLS:4707) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is Nestle Malaysia 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. Nestle Malaysia Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Nestle Malaysia Bhd's long-term debt to total assets ratio increased from Mar. 2023 (0.12) to Mar. 2024 (0.13). It may suggest that Nestle Malaysia Bhd is progressively becoming more dependent on debt to grow their business.

Nestle Malaysia Bhd LT-Debt-to-Total-Asset Historical Data

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

Nestle Malaysia Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.09

0.08

0.12

0.13

Nestle Malaysia Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.11	0.11	0.13	0.13

Nestle Malaysia Bhd LT-Debt-to-Total-Asset Calculation

Nestle Malaysia 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 )
	=	470.202	/	3569.222
	=	0.13

Nestle Malaysia Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	462.437	/	3701.758
	=	0.12

Nestle Malaysia Bhd (XKLS:4707) 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.

Nestle Malaysia Bhd LT-Debt-to-Total-Asset Related Terms

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Nestle Malaysia Bhd (XKLS:4707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle Malaysia Bhd (XKLS:4707) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NSLYF:USA

Address

No. 1, Persiaran Bandar Utama, Level 22, 1 Powerhouse, Bandar Utama, Petaling Jaya, SGR, MYS, 47800

Website

https://www.nestle.com.my

Nestle Malaysia Bhd is a Malaysian investment holding company owned by Nestle. The business activities of the group are functioned through Food and beverages and Others segments. The products offered by the group are related to dairy, beverages, food, Nestle Professional, Nestle Ice Cream, confectionery, chilled dairy, infant nutrition, and health science. The main geography is the domestic market, representing approximately 80% of total sales. The most well-known brands are Nescafe, Maggi, Nespray, Kit Kat, and Milo.

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