Harn Len Bhd (XKLS:7501) LT-Debt-to-Total-Asset : 0.13 (As of Nov. 2024)

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What is Harn Len 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. Harn Len Bhd's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.13.

Harn Len Bhd's long-term debt to total assets ratio increased from Nov. 2023 (0.09) to Nov. 2024 (0.13). It may suggest that Harn Len Bhd is progressively becoming more dependent on debt to grow their business.

Harn Len Bhd LT-Debt-to-Total-Asset Historical Data

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

Harn Len Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

May23

May24

LT-Debt-to-Total-Asset

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0.06

0.13

0.10

0.08

0.09

Harn Len Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.09	0.09	0.13

Harn Len Bhd LT-Debt-to-Total-Asset Calculation

Harn Len Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

LT Debt to Total Assets (A: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2024 )	/	Total Assets (A: May. 2024 )
	=	41.005	/	460.287
	=	0.09

Harn Len Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	61.97	/	479.883
	=	0.13

Harn Len Bhd (XKLS:7501) 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.

Harn Len Bhd LT-Debt-to-Total-Asset Related Terms

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Harn Len Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Harn Len Corp Bhd (XKLS:7501) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

15 Jalan Gereja, 6th Floor, Johor Tower, Johor Bahru, JHR, MYS, 80100

Website

https://www.harnlen.com.my

Harn Len Corp Bhd is involved in the operation of oil palm plantations and oil milling operations. The operating segments of the company are; Plantation, and Property and Others. A majority of its revenue is generated from the Plantation segment which is engaged in the operation of oil palm estates, oil palm mills, sales and purchases of Fresh Fruit Bunches (FFB), cultivation of pineapples, sales and trading of Crude Palm Oil (CPO) and Palm Kernels (PK), and the provision of plantation development contract services. The Property and Others segment is involved in property investment in land, commercial and industrial buildings. Other business includes the operation of a food and beverage outlet.

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