SBM Holdings (XMAU:SBMH) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

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

SBM Holdings's long-term debt to total assets ratio declined from Sep. 2023 (0.06) to Sep. 2024 (0.05). It may suggest that SBM Holdings is progressively becoming less dependent on debt to grow their business.

SBM Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for SBM Holdings'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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SBM Holdings LT-Debt-to-Total-Asset Chart

SBM Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.07

0.05

0.06

SBM Holdings 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															0.06	0.06	0.06	0.06	0.05

SBM Holdings LT-Debt-to-Total-Asset Calculation

SBM Holdings'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 )
	=	19845.181	/	362253.315
	=	0.05

SBM Holdings'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 )
	=	22097.136	/	405465.898
	=	0.05

SBM Holdings (XMAU:SBMH) 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.

SBM Holdings LT-Debt-to-Total-Asset Related Terms

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SBM Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SBM Holdings Ltd (XMAU:SBMH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Queen Elizabeth II Avenue, SBM Tower, Port Louis, MUS

Website

https://www.sbmgroup.mu

SBM Holdings Ltd is a company whose business activities functioned through Banking, Non-bank financial institutions, Non-financial institutions, and Other institutions segments. The Banking segment provides corporate and institutional banking, retail banking, private wealth, international banking, and financial market; whereas the Non-Banking segment provides asset management, brokerage, private equity, investment advisory, and registry; and the Non-Financial segment invests in non-financial companies. The Banking segment generates maximum revenue for the company.

SBM Holdings Headlines

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