Concrete Engineering Products Bhd (XKLS:8435) LT-Debt-to-Total-Asset : 0.01 (As of Nov. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Concrete Engineering Products 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. Concrete Engineering Products Bhd's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.01.

Concrete Engineering Products Bhd's long-term debt to total assets ratio increased from Nov. 2023 (0.00) to Nov. 2024 (0.01). It may suggest that Concrete Engineering Products Bhd is progressively becoming more dependent on debt to grow their business.

Concrete Engineering Products Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Concrete Engineering Products 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.

Concrete Engineering Products Bhd LT-Debt-to-Total-Asset Chart

Concrete Engineering Products Bhd Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Concrete Engineering Products Bhd Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.01	-	0.01	0.01

Concrete Engineering Products Bhd LT-Debt-to-Total-Asset Calculation

Concrete Engineering Products Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	0.632	/	126.694
	=	0.00

Concrete Engineering Products 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 )
	=	0.835	/	116.26
	=	0.01

Concrete Engineering Products Bhd (XKLS:8435) 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.

Concrete Engineering Products Bhd LT-Debt-to-Total-Asset Related Terms

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

Concrete Engineering Products Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Concrete Engineering Products Bhd (XKLS:8435) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Ismail, 22nd Floor Menara Promet KH, Kuala Lumpur, SGR, MYS, 50250

Website

https://www.cepco.com.my

Concrete Engineering Products Bhd is principally engaged in the manufacturing and distribution of prestressed spun concrete piles and poles. These piles are used for foundation piles for buildings, pile embankments, bridges, ports, and marine structures, and the poles are used for telecommunication lines, electric power transmission and distribution lines, traffic signal equipment, and street lighting. Geographically, it derives a majority of its revenue from Malaysia and it also operates in Southeast Asia.

Concrete Engineering Products Bhd Headlines

No Headlines