IQ Group Holdings Bhd (XKLS:5107) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is IQ Group Holdings 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. IQ Group Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

IQ Group Holdings Bhd's long-term debt to total assets ratio declined from Sep. 2023 (0.01) to Sep. 2024 (0.01). It may suggest that IQ Group Holdings Bhd is progressively becoming less dependent on debt to grow their business.

IQ Group Holdings Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for IQ Group Holdings 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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IQ Group Holdings Bhd LT-Debt-to-Total-Asset Chart

IQ Group Holdings Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.02

0.04

0.03

0.02

IQ Group Holdings Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.02	0.01	0.01

IQ Group Holdings Bhd LT-Debt-to-Total-Asset Calculation

IQ Group Holdings Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	2.716	/	156.404
	=	0.02

IQ Group Holdings Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	1.589	/	142.604
	=	0.01

IQ Group Holdings Bhd (XKLS:5107) 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.

IQ Group Holdings Bhd LT-Debt-to-Total-Asset Related Terms

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IQ Group Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » IQ Group Holdings Bhd (XKLS:5107) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Plot 149, Jalan Sultan Azlan Shah, Taman Perindustrian Bayan Lepas, Fasa 1 (FTZ), Bayan Lepas, PNG, MYS, 11900

Website

https://www.iq-group.com

IQ Group Holdings Bhd is engaged in the design and manufacture of lighting, security and convenience products. The group has three business divisions namely, Investment holding which offers management services; Manufacturing of passive infrared detectors, motion sensor light controllers, wireless video communication devices, doorbells, home security system, lighting fixtures and plastic products, development, design, manufacture, sale, and distribution of light emitting diode luminaires and the manufacture of light engines for use in luminaires; and Trading of security lighting systems, passive infrared detectors and motion sensor light controllers. The company carries its business operations in international countries and generates key revenue from the Manufacturing segment.

IQ Group Holdings Bhd Headlines

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