Dfcity Group Bhd (XKLS:5165) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is Dfcity Group 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. Dfcity Group Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

Dfcity Group Bhd's long-term debt to total assets ratio declined from Dec. 2022 (0.14) to Dec. 2023 (0.12). It may suggest that Dfcity Group Bhd is progressively becoming less dependent on debt to grow their business.

Dfcity Group Bhd LT-Debt-to-Total-Asset Historical Data

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

Dfcity Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.23

0.21

0.18

0.14

0.12

Dfcity Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.13	0.13	0.12	0.12

Dfcity Group Bhd LT-Debt-to-Total-Asset Calculation

Dfcity Group 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 )
	=	10.319	/	87.117
	=	0.12

Dfcity Group Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	10.319	/	87.117
	=	0.12

Dfcity Group Bhd (XKLS:5165) 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.

Dfcity Group Bhd LT-Debt-to-Total-Asset Related Terms

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Dfcity Group Bhd (XKLS:5165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Dfcity Group Bhd (XKLS:5165) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 197, Jalan Sungai Putat, Batu Berendam, Melaka, MYS, 75350

Website

https://www.dfcitygroup.com.my

Dfcity Group Bhd through its subsidiaries, is engaged in the manufacturing and sale of dimension stones and related products. Its business activities include sourcing, processing, and distributing a wide range of dimension stones including granite, marble, sandstone, and slate. Hock Heng's products are mainly used for a wide array of applications in the commercial and residential properties, such as facade walls, flooring, staircases, monuments, furniture, pillars, garden sets, and landscaping. The company's segments include Sales of goods; Construction; and Property development. The company generates majority of revenue from sales of goods segment , Geographically it generates majority of its revenue from malaysia.

Dfcity Group Bhd (XKLS:5165) Headlines

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