Kamdar Group (M) Bhd (XKLS:8672) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2024)

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What is Kamdar Group (M) 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. Kamdar Group (M) Bhd's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.12.

Kamdar Group (M) Bhd's long-term debt to total assets ratio declined from Sep. 2023 (0.13) to Sep. 2024 (0.12). It may suggest that Kamdar Group (M) Bhd is progressively becoming less dependent on debt to grow their business.

Kamdar Group (M) Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kamdar Group (M) 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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Kamdar Group (M) Bhd LT-Debt-to-Total-Asset Chart

Kamdar Group (M) Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.15

0.14

0.13

Kamdar Group (M) Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.13	0.13	0.13	0.12

Kamdar Group (M) Bhd LT-Debt-to-Total-Asset Calculation

Kamdar Group (M) Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	34.108	/	271.726
	=	0.13

Kamdar Group (M) 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 )
	=	32.912	/	265.329
	=	0.12

Kamdar Group (M) Bhd (XKLS:8672) 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.

Kamdar Group (M) Bhd LT-Debt-to-Total-Asset Related Terms

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Kamdar Group (M) Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kamdar Group (M) Bhd (XKLS:8672) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

113, Jalan Tuanku Abdul Rahman, Kuala Lumpur, SGR, MYS, 50100

Website

https://www.kamdar.com.my

Kamdar Group (M) Bhd is a supplier and retailer of fashion fabrics, home textiles, apparel, and garments. It is organized into two business units, Textile, and Investment and Management segment. The Textile segment is engaged in retailing textile and textile-based products within the retailing industry. The Investment and Management segment is engaged in investment holding and providing management services. The company's activities are conducted principally in Malaysia. It derives a majority of its revenue from the Textile segment.

Kamdar Group (M) Bhd Headlines

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