LFE Bhd (XKLS:7170) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)

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What is LFE 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. LFE Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

LFE Bhd's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.05). It may suggest that LFE Bhd is progressively becoming more dependent on debt to grow their business.

LFE Bhd LT-Debt-to-Total-Asset Historical Data

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

LFE Bhd Annual Data

Trend

Jul13

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Jul15

Jul16

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Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

LFE Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.08	0.05

LFE Bhd LT-Debt-to-Total-Asset Calculation

LFE 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 )
	=	8.385	/	153.97
	=	0.05

LFE Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	8.385	/	153.97
	=	0.05

LFE Bhd (XKLS:7170) 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.

LFE Bhd LT-Debt-to-Total-Asset Related Terms

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LFE Bhd (XKLS:7170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LFE Corp Bhd (XKLS:7170) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

98, Jalan Dang Wangi, Suite 11.01, 11th Floor, Campbell Complex, Kuala Lumpur, MYS, 50100

Website

https://www.lfe.com.my

LFE Corp Bhd is Malaysia based company. The operating segment of the company are Construction, Mechanical and Electrical, Property development, and Investment. Geographically, the group operates in Malaysia and UAE. It earns the majority of its revenue from the construction, mechanical and electrical segment.

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