SMTrack Bhd (XKLS:0169) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is SMTrack 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. SMTrack Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

SMTrack Bhd's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.08). It may suggest that SMTrack Bhd is progressively becoming more dependent on debt to grow their business.

SMTrack Bhd LT-Debt-to-Total-Asset Historical Data

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

SMTrack Bhd Annual Data

Trend

Sep10

Sep11

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Mar15

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Jul19

LT-Debt-to-Total-Asset

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SMTrack Bhd Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.10	0.08	0.08	0.08

SMTrack Bhd LT-Debt-to-Total-Asset Calculation

SMTrack Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2019 is calculated as

LT Debt to Total Assets (A: Jul. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2019 )	/	Total Assets (A: Jul. 2019 )
	=	0	/	14.302
	=	0.00

SMTrack Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	8.939	/	118.145
	=	0.08

SMTrack Bhd (XKLS:0169) 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.

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SMTrack Bhd (XKLS:0169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SMTrack Bhd (XKLS:0169) » Definitions » LT-Debt-to-Total-Asset

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Address

Unit 29-7, 7th Floor, The Bouvelard, Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

http://www.smtrackberhad.my

SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in Investment holding and others segment, Delivery segment and Beauty and wellness segment. It derives majority of its revenues from the Investment holding and others segment and has operations spread across Malaysia.

SMTrack Bhd (XKLS:0169) Headlines

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