Hartalega Holdings Bhd (XKLS:5168) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Hartalega Holdings 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. Hartalega Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Hartalega Holdings Bhd's long-term debt to total assets ratio declined from Dec. 2022 (0.02) to Dec. 2023 (0.01). It may suggest that Hartalega Holdings Bhd is progressively becoming less dependent on debt to grow their business.

Hartalega Holdings Bhd LT-Debt-to-Total-Asset Historical Data

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

Hartalega Holdings Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.07

0.06

0.04

0.02

0.01

Hartalega Holdings 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															0.02	0.01	0.01	0.01	0.01

Hartalega Holdings Bhd LT-Debt-to-Total-Asset Calculation

Hartalega Holdings Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	64.281	/	5304.917
	=	0.01

Hartalega Holdings 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 )
	=	24.708	/	5282.628
	=	0.00

Hartalega Holdings Bhd (XKLS:5168) 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.

Hartalega Holdings Bhd LT-Debt-to-Total-Asset Related Terms

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Hartalega Holdings Bhd (XKLS:5168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hartalega Holdings Bhd (XKLS:5168) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

C-G-9, Jalan Dataran SD1, Dataran SD, PJU9, Bandar Sri Damansara, Kuala Lumpur, SGR, MYS, 52200

Website

https://www.hartalega.com.my

Hartalega Holdings Bhd is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. The company's gloves are used in laboratories and healthcare facilities. The gloves are also sold to manufacturers of semiconductors and consumer electronics and for automotive maintenance and spray painting. The company organizes its segments based on geography: North America, Europe, Asia, Australia, Malaysia, Middle East, Russia, Africa, and South America. More revenue comes from the North America segment than any other.

Hartalega Holdings Bhd (XKLS:5168) Headlines

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