IHH Healthcare Bhd (IHH Healthcare Bhd) LT-Debt-to-Total-Asset : 0.16 (As of Mar. 2024)

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What is IHH Healthcare 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. IHH Healthcare Bhd's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.16.

IHH Healthcare Bhd's long-term debt to total assets ratio declined from Mar. 2023 (0.17) to Mar. 2024 (0.16). It may suggest that IHH Healthcare Bhd is progressively becoming less dependent on debt to grow their business.

IHH Healthcare Bhd LT-Debt-to-Total-Asset Historical Data

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

IHH Healthcare 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

0.19

0.16

IHH Healthcare Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.17	0.16	0.16	0.16

IHH Healthcare Bhd LT-Debt-to-Total-Asset Calculation

IHH Healthcare 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 )
	=	1731.051	/	10775.474
	=	0.16

IHH Healthcare 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 )
	=	1728.296	/	10910.185
	=	0.16

IHH Healthcare Bhd (OTCPK:IHHHF) 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.

IHH Healthcare Bhd LT-Debt-to-Total-Asset Related Terms

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IHH Healthcare Bhd (IHH Healthcare Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » IHH Healthcare Bhd (OTCPK:IHHHF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

Q0F:Singapore 5225:Malaysia

Address

8 Jalan Bukit Pantai, Level 11, Block A, Pantai Hospital Kuala Lumpur, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59100

Website

https://www.ihhhealthcare.com

IHH Healthcare Bhd operates a network of healthcare clinics, hospitals, and postoperative rehabilitation centers. It also provides ancillary services, which include diagnostic laboratories, imaging centers, ambulatory care, and medical education facilities. The firm receives a majority proportion of its revenue through its Parkway Pantai segment, which operates hospitals and provides healthcare services in Asia. Two of Parkway Pantai's key markets are Singapore and Malaysia. The second majority proportion of revenue comes from Acibadem Holdings, a hospital operator and service provider in Central and Eastern Europe, the Middle East, and North Africa. The Group's operating segments comprise Singapore, Malaysia, India, Greater China, Turkiye and Europe, IMU Health, and PLife REIT.

IHH Healthcare Bhd (IHH Healthcare Bhd) Headlines

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Q4 2023 IHH Healthcare Bhd Earnings Call Transcript

By GuruFocus Research • 03-02-2024