Asia Brands Bhd (XKLS:7722) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Asia Brands 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. Asia Brands Bhd's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

Asia Brands Bhd's long-term debt to total assets ratio declined from Sep. 2023 (0.07) to Sep. 2024 (0.05). It may suggest that Asia Brands Bhd is progressively becoming less dependent on debt to grow their business.

Asia Brands Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asia Brands 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.

* Premium members only.

Asia Brands Bhd LT-Debt-to-Total-Asset Chart

Asia Brands Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.13

0.10

0.06

Asia Brands Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.06	0.06	0.06	0.05

Asia Brands Bhd LT-Debt-to-Total-Asset Calculation

Asia Brands Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	19.155	/	326.954
	=	0.06

Asia Brands Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	14.761	/	303.008
	=	0.05

Asia Brands Bhd (XKLS:7722) 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.

Asia Brands Bhd LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Asia Brands Bhd's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Asia Brands Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asia Brands Bhd (XKLS:7722) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 10449, Jalan Nenas, Batu 4.5, Kampung Jawa, Klang, SGR, MYS, 41000

Website

http://www.asiabrands.com.my

Asia Brands Bhd is an investment holding company. The company is engaged in the wholesale, retail, and distribution of ready-made casual wear, baby and children wear, lingerie and ladies wear, and their related accessories. Geographically, it operates and derives revenue from Malaysia. It has two divisions namely Baby Products and Lingerie Products. It earns maximum revenue from the Baby Products Division. Its Brands are Anakku, Disney Baby, First Care, Mini Care, and Hello Kitty.

Asia Brands Bhd Headlines

No Headlines