Glomac Bhd (XKLS:5020) LT-Debt-to-Total-Asset : 0.10 (As of Jan. 2025)

View and export this data going back to 2000. Start your Free Trial

What is Glomac 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. Glomac Bhd's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.10.

Glomac Bhd's long-term debt to total assets ratio increased from Jan. 2024 (0.07) to Jan. 2025 (0.10). It may suggest that Glomac Bhd is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Glomac 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.

* Premium members only.

Glomac Bhd LT-Debt-to-Total-Asset Chart

Glomac Bhd Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.10

0.09

0.08

0.07

Glomac Bhd Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.07	0.07	0.10

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

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

LT Debt to Total Assets (A: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )	/	Total Assets (A: Apr. 2024 )
	=	128.713	/	1981.408
	=	0.06

Glomac Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	181.669	/	1806.206
	=	0.10

Glomac Bhd (XKLS:5020) 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.

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

Thank you for viewing the detailed overview of Glomac Bhd's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Glomac Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Glomac Bhd (XKLS:5020) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Glomac Damansara, Level 15, Menara Glomac, Jalan Damansara, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.glomac.com.my

Glomac Bhd is a real estate development company. It is engaged in property development, construction of buildings, and property investment. The firm is organized into three areas of business. The Property development segment includes the development of residential land and commercial properties for sale and sale of land; Construction includes the construction of buildings, and Property investment includes the investment of land and buildings held for investment potential and rental income in the future. It derives the majority of its revenues from the property development segment. The group geographically operates and derives its income in Malaysia.

Glomac Bhd Headlines

No Headlines