Alam Maritim Resources Bhd (XKLS:5115) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Alam Maritim Resources 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. Alam Maritim Resources Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Alam Maritim Resources Bhd's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.01). It may suggest that Alam Maritim Resources Bhd is progressively becoming less dependent on debt to grow their business.

Alam Maritim Resources Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alam Maritim Resources 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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Alam Maritim Resources Bhd LT-Debt-to-Total-Asset Chart

Alam Maritim Resources Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.14

0.12

0.01

Alam Maritim Resources Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.01	0.02	0.02	0.01

Alam Maritim Resources Bhd LT-Debt-to-Total-Asset Calculation

Alam Maritim Resources Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	2.649	/	229.065
	=	0.01

Alam Maritim Resources 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 )
	=	2.609	/	182.652
	=	0.01

Alam Maritim Resources Bhd (XKLS:5115) 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.

Alam Maritim Resources Bhd LT-Debt-to-Total-Asset Related Terms

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Alam Maritim Resources Bhd (XKLS:5115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Alam Maritim Resources Bhd (XKLS:5115) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

No. 38F, Level 3, Jalan Radin Anum, Bandar Baru Sri Petaling, Kuala Lumpur, MYS, 57000

Website

http://www.alam-maritim.com.my

Alam Maritim Resources Bhd is a Malaysia-based investment holding company. It operates in two business segments: Offshore Support Vessels and Services, and Subsea Services. Its Offshore support vessels and services segment which engages in providing vessels for charter hire; assisting seismic operators in seismic survey related activities; transportation of crew and supplies; towing and mooring of rigs offshore; anchor-handling services and other support. Its Sub-sea services segment is engaged in providing offshore facilities construction and installation services, such as marine construction related services; sub-sea engineering services and offshore pipeline construction-related services, and designing, manufacturing and operating of remotely operated vehicles.

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