Holcim Philippines (Holcim Philippines) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Holcim Philippines 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. Holcim Philippines's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.03.

Holcim Philippines's long-term debt to total assets ratio declined from Sep. 2022 (0.03) to Sep. 2023 (0.03). It may suggest that Holcim Philippines is progressively becoming less dependent on debt to grow their business.

Holcim Philippines LT-Debt-to-Total-Asset Historical Data

The historical data trend for Holcim Philippines'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.

Holcim Philippines LT-Debt-to-Total-Asset Chart

Holcim Philippines Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.05

0.04

0.03

Holcim Philippines Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.03

Holcim Philippines LT-Debt-to-Total-Asset Calculation

Holcim Philippines's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	21.547	/	722.971
	=	0.03

Holcim Philippines's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	20.285	/	675.947
	=	0.03

Holcim Philippines (OTCPK:HCPHY) 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.

Holcim Philippines LT-Debt-to-Total-Asset Related Terms

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

Holcim Philippines (Holcim Philippines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Holcim Philippines Inc (OTCPK:HCPHY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, Two World Square, McKinley Hill, Fort Bonifacio, Taguig City, PHL, 1634

Website

https://www.holcim.ph

Holcim Philippines Inc is a cement manufacturer. The company manufactures, sells and distributes cement and clinker, along with it also provides aggregates, concrete and construction related services. The company's product line includes xcement, dry mix mortar products, clinker, and ready mix concrete. Its cement brands are Holcim Premium (Type 1 portland cement), Holcim 4X (Type 1 high-performance Portland cement), Holcim Excel (Type 1P blended cement), and Holcim WallRight (Type S Masonry cement). Its assets include four production facilities, one cement grinding mill, five ports, and various storage and distribution points.

Holcim Philippines (Holcim Philippines) Headlines

No Headlines