Zacd Group (HKSE:08313) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

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What is Zacd Group 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. Zacd Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Zacd Group's long-term debt to total assets ratio declined from Dec. 2022 (0.07) to Dec. 2023 (0.02). It may suggest that Zacd Group is progressively becoming less dependent on debt to grow their business.

Zacd Group LT-Debt-to-Total-Asset Historical Data

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

Zacd Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.08

0.07

0.02

Zacd Group 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															0.07	-	0.04	-	0.02

Zacd Group LT-Debt-to-Total-Asset Calculation

Zacd Group'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 )
	=	4.532	/	185.24
	=	0.02

Zacd Group'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 )
	=	4.532	/	185.24
	=	0.02

Zacd Group (HKSE:08313) 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.

Zacd Group LT-Debt-to-Total-Asset Related Terms

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Zacd Group (HKSE:08313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Zacd Group Ltd (HKSE:08313) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Beach Road, No. 34-05 The Concourse, Singapore, SGP, 199555

Website

https://www.zacdgroup.com

Zacd Group Ltd is an integrated asset manager in Singapore offering integrated solutions across the real estate value chain in Singapore and the Asia-Pacific region. The company operates in various segments which are SPV investment, Fund management, Acquisitions & project management, Project Management & Tenancy Management, and Financial Advisory. The company operates in Singapore, Australia, Malaysia, the British Virgin Islands, Indonesia, and other countries, out of which Singapore accounts for the majority of the revenue.

Executives

Sim Kain Kain	2201 Interest of corporation controlled by you
Yeo (yao) Choon Guan (junyuan)	2201 Interest of corporation controlled by you
Zacd Investments Pte. Ltd.	2101 Beneficial owner
Sastra Rachman	2101 Beneficial owner
Harmonious Tidings Limited	2101 Beneficial owner

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