Kenanga Investment Bank Bhd (XKLS:6483) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is Kenanga Investment Bank 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. Kenanga Investment Bank Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Kenanga Investment Bank Bhd's long-term debt to total assets ratio declined from Dec. 2023 (0.03) to Dec. 2024 (0.03). It may suggest that Kenanga Investment Bank Bhd is progressively becoming less dependent on debt to grow their business.

Kenanga Investment Bank Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kenanga Investment Bank 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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Kenanga Investment Bank Bhd LT-Debt-to-Total-Asset Chart

Kenanga Investment Bank Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.04

0.03

Kenanga Investment Bank Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.03

Kenanga Investment Bank Bhd LT-Debt-to-Total-Asset Calculation

Kenanga Investment Bank 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 )
	=	212.774	/	7656.913
	=	0.03

Kenanga Investment Bank 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 )
	=	212.774	/	7656.913
	=	0.03

Kenanga Investment Bank Bhd (XKLS:6483) 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.

Kenanga Investment Bank Bhd LT-Debt-to-Total-Asset Related Terms

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Kenanga Investment Bank Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kenanga Investment Bank Bhd (XKLS:6483) » Definitions » LT-Debt-to-Total-Asset

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Address

237, Jalan Tun Razak, Level 19, Kenanga Tower, Wilayah Persekutuan, Kuala Lumpur, MYS, 50400

Website

https://www.kenanga.com.my

Kenanga Investment Bank Bhd is a Malaysia based independent investment bank. It offers the provision of nominee services, private equity, promotion and management of collective investment schemes and management of investment funds. The company has five operating divisions: Investment banking; Stockbroking dealings in securities and investment related services; Listed derivatives is into Futures broking business; Money lending and financing, Investment and wealth management including management of funds and unit trusts, Corporate and others. It derives most of its revenues from Stock broking Dealings.

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