ICP (FRA:GD1M) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2023)

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What is ICP 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. ICP's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.28.

ICP's long-term debt to total assets ratio declined from Dec. 2022 (0.31) to Dec. 2023 (0.28). It may suggest that ICP is progressively becoming less dependent on debt to grow their business.

ICP LT-Debt-to-Total-Asset Historical Data

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

ICP Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.31

0.36

0.10

0.30

ICP Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.37	0.10	0.31	0.30	0.28

ICP LT-Debt-to-Total-Asset Calculation

ICP's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	11.36	/	38.499
	=	0.30

ICP'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 )
	=	10.844	/	39.036
	=	0.28

ICP (FRA:GD1M) 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.

ICP LT-Debt-to-Total-Asset Related Terms

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ICP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ICP Ltd (FRA:GD1M) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

5I4:Singapore

Address

23-01, 6 Temasek Boulevard, Suntec Tower Four, Singapore, SGP, 038986

Website

https://www.icp.com.sg

ICP Ltd is an investment holding and management company. The business of the company is involved in segments that include Vessels Chartering; which charters vessels, Hospitality; which provides hotel management consultancy services, and Investment Holding; which includes investment and management activities. The Hospitality business segment generates maximum revenue for the company. Geographically the company exports its product to Signapore, Japan, Thailand, Hong Kong, Malaysia, Korea and other regions. Its Hospitality segment operates under the brand name Travelodge.

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