Ancom Nylex Bhd (XKLS:4758) LT-Debt-to-Total-Asset : 0.07 (As of Nov. 2024)

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What is Ancom Nylex 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. Ancom Nylex Bhd's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.07.

Ancom Nylex Bhd's long-term debt to total assets ratio increased from Nov. 2023 (0.04) to Nov. 2024 (0.07). It may suggest that Ancom Nylex Bhd is progressively becoming more dependent on debt to grow their business.

Ancom Nylex Bhd LT-Debt-to-Total-Asset Historical Data

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

Ancom Nylex Bhd Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

LT-Debt-to-Total-Asset

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0.09

0.07

0.09

0.07

0.04

Ancom Nylex Bhd Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.05	0.04	0.08	0.07

Ancom Nylex Bhd LT-Debt-to-Total-Asset Calculation

Ancom Nylex Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

LT Debt to Total Assets (A: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2024 )	/	Total Assets (A: May. 2024 )
	=	51.913	/	1227.967
	=	0.04

Ancom Nylex Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	85.513	/	1261.615
	=	0.07

Ancom Nylex Bhd (XKLS:4758) 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.

Ancom Nylex Bhd LT-Debt-to-Total-Asset Related Terms

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Ancom Nylex Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ancom Nylex Bhd (XKLS:4758) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2A, Jalan 13/2, Seksyen 13, Petaling Jaya, SGR, MYS, 46200

Website

http://www.ancomnylex.com

Ancom Nylex Bhd is an investment holding company. Its operating segment includes Investment holding; Agricultural chemicals; Industrial chemicals; Logistics; Polymer and Others. It generates maximum revenue from the Industrial chemicals segment. The Industrial chemicals segment is engaged in the manufacture, trading, and sale of industrial chemical products. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore; Indonesia; Other Southeast Asian countries; Other Asian countries; Australia and New Zealand; North and South America; Africa, and Europe.

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