Radium Development Bhd (XKLS:5313) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is Radium Development 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. Radium Development Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Radium Development Bhd's long-term debt to total assets ratio increased from Dec. 2023 (0.03) to Dec. 2024 (0.08). It may suggest that Radium Development Bhd is progressively becoming more dependent on debt to grow their business.

Radium Development Bhd LT-Debt-to-Total-Asset Historical Data

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

Radium Development Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.09

0.08

0.03

0.08

Radium Development Bhd Quarterly Data
	Dec19	Dec20	Dec21	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.03	0.02	0.02	0.03	0.08

Radium Development Bhd LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	74.225	/	963.096
	=	0.08

Radium Development Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	74.225	/	963.096
	=	0.08

Radium Development Bhd (XKLS:5313) 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.

Radium Development Bhd LT-Debt-to-Total-Asset Related Terms

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Radium Development Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Radium Development Bhd (XKLS:5313) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Jalan Melati Utama 2, No. 7-2, PV7, Taman Melati Utama, Setapak, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 53100

Website

https://www.radiumdevelopment.com

Radium Development Bhd is a property developer principally involved in the development of high-rise residential properties, focusing on the development of competitively-priced high-rise residential properties in strategic locations in urban Kuala Lumpur. Its high-rise residential property development comprises condominiums, serviced apartments, suite apartments and SOHO units. The company also committed to the development of affordable housing such as Residensi Wilayah and PPAM to support the Government's effort in providing affordable housing to all Malaysian citizens. The company operates in three reportable segments Sales of development properties, Construction contracts, and Sale of goods. The majority of revenue is derived from the Sales of development properties segment.

Radium Development Bhd Headlines

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