TSH Resources Bhd (XKLS:9059) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is TSH Resources 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. TSH Resources Bhd's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

TSH Resources Bhd's long-term debt to total assets ratio declined from Sep. 2023 (0.04) to Sep. 2024 (0.03). It may suggest that TSH Resources Bhd is progressively becoming less dependent on debt to grow their business.

TSH Resources Bhd LT-Debt-to-Total-Asset Historical Data

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

TSH Resources Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.28

0.20

0.18

0.06

0.04

TSH Resources 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															0.04	0.04	0.04	0.03	0.03

TSH Resources Bhd LT-Debt-to-Total-Asset Calculation

TSH Resources 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 )
	=	111.918	/	2845.022
	=	0.04

TSH Resources 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 )
	=	72.093	/	2673.815
	=	0.03

TSH Resources Bhd (XKLS:9059) 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.

TSH Resources Bhd LT-Debt-to-Total-Asset Related Terms

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TSH Resources Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TSH Resources Bhd (XKLS:9059) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TSH:Singapore

Address

No. 8, Jalan Semantan, Level 10, Menara TSH, Damansara Heights, Kuala Lumpur, MYS, 50490

Website

https://www.tsh.com.my

TSH Resources Bhd owns oil palm plantations, mills, and forest areas in Southeast Asia. Crude palm oil and palm kernel are extracted from the oil palm plantations. The company has two reportable segments, namely Palm products and Others. It generates maximum revenue from the Palm products segment. The company's geographical segments are Malaysia, Indonesia, United States of America, Southwest Pacific and Others.

TSH Resources Bhd Headlines

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