CME Group Bhd (XKLS:7018) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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

CME Group Bhd's long-term debt to total assets ratio declined from Sep. 2022 (0.03) to Mar. 2024 (0.01). It may suggest that CME Group Bhd is progressively becoming less dependent on debt to grow their business.

CME Group Bhd LT-Debt-to-Total-Asset Historical Data

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

CME Group Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Jun19

Jun20

Jun21

Jun22

Sep23

LT-Debt-to-Total-Asset

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0.01

0.04

0.03

0.01

CME Group Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.02	0.02	0.01	0.01

CME Group Bhd LT-Debt-to-Total-Asset Calculation

CME Group Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	1.268	/	118.499
	=

CME Group 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 )
	=	0.737	/	111.2
	=	0.01

CME Group Bhd (XKLS:7018) 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.

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CME Group Bhd (XKLS:7018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CME Group Bhd (XKLS:7018) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 19, Jalan Delima 1/1, Taman Perindustrian Teknologi Tinggi Subang, Subang Jaya, SGR, MYS, 47500

Website

https://www.cme.com.my

CME Group Bhd is a Malaysia-based investment holding company. The company's operating segment includes Investment holding; Manufacturing; Trading and Others. It generates maximum revenue from the Manufacturing segment. The manufacturing segment is engaged in the designing, manufacturing, sales, and servicing of fire fighting and specialist vehicles. Geographically, it operates only in Malaysia.

CME Group Bhd (XKLS:7018) Headlines

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