Rimbunanwit Bhd (XKLS:5113) LT-Debt-to-Total-Asset : 0.18 (As of Sep. 2023)

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What is Rimbunanwit 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. Rimbunanwit Bhd's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.18.

Rimbunanwit Bhd's long-term debt to total assets ratio declined from Sep. 2022 (0.20) to Sep. 2023 (0.18). It may suggest that Rimbunanwit Bhd is progressively becoming less dependent on debt to grow their business.

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

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

Rimbunanwit Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.21

0.18

0.23

0.21

0.19

Rimbunanwit Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.19	0.20	0.19	0.18

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

Rimbunanwit Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	158.91	/	851.225
	=	0.19

Rimbunanwit Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	155.694	/	844.691
	=	0.18

Rimbunanwit Bhd (XKLS:5113) 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.

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

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Rimbunanwit Bhd (XKLS:5113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rimbunan Sawit Bhd (XKLS:5113) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Upper Lanang, 101, North Wing, Pusat Suria Permata, Menara Rimbunan Hijau, Sibu, SWK, MYS, 96000

Website

http://www.rsb.com.my

Rimbunan Sawit Bhd is engaged in providing farm products. The company is involved in the cultivation of oil palm and the operation of palm oil mills. It also focuses on providing management services. The company is also an investment holding company. It receives revenue from the sale of crude palm oil, fresh fruit bunches, palm kernel, palm kernel shell, empty bunch ash, empty fruit bunch, sludge oil, and seedlings. The company operates in one geographical segment which is Malaysia.

Rimbunanwit Bhd (XKLS:5113) Headlines

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