Choo Bee Metal Industries Bhd (XKLS:5797) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is Choo Bee Metal Industries 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. Choo Bee Metal Industries Bhd's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Choo Bee Metal Industries Bhd's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.00). It may suggest that Choo Bee Metal Industries Bhd is progressively becoming more dependent on debt to grow their business.

Choo Bee Metal Industries Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Choo Bee Metal Industries 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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Choo Bee Metal Industries Bhd LT-Debt-to-Total-Asset Chart

Choo Bee Metal Industries Bhd Annual Data

Trend

Dec14

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Dec23

LT-Debt-to-Total-Asset

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0.01

Choo Bee Metal Industries Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.01	-	-

Choo Bee Metal Industries Bhd LT-Debt-to-Total-Asset Calculation

Choo Bee Metal Industries Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	3.056	/	651.331
	=	0.00

Choo Bee Metal Industries Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	2.22	/	654.753
	=	0.00

Choo Bee Metal Industries Bhd (XKLS:5797) 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.

Choo Bee Metal Industries Bhd LT-Debt-to-Total-Asset Related Terms

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Choo Bee Metal Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Choo Bee Metal Industries Bhd (XKLS:5797) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Jalan Bendahara, Wisma Soon Teik Aun, Ipoh, PRK, MYS, 31650

Website

https://www.choobee.com

Choo Bee Metal Industries Bhd is a Malaysian-based company engaged in the processing of steel coils into steel products, fabrication of steel products, and trading of hardware products. The firm manufactures steel products for oil and gas applications, building and construction industries, trading of hardware products, functioning as beams, channels, mild steel plates, flat bars, angle bars, stainless steel products, and other building materials, as well as provision of steel servicing, such as slitting and shearing of coils. The group is organized into trading and manufacturing segments in which Trading segments derive a majority of its revenue. Geographically, it derives the majority of its revenue from Malaysia.

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